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The Zacks Manufacturing-Tools & Related Products industry has been gaining from strength across end markets, along with stability in the supply chain. SWK, LECO and EPAC are some notable stocks in the industry.
Lincoln Electric (LECO) achieves record earnings in the first quarter of 2024, showcasing effective cost management that helped offset the impact of lower revenues.
The headline numbers for Lincoln Electric (LECO) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Lincoln Electric Holdings (LECO) came out with quarterly earnings of $2.23 per share, beating the Zacks Consensus Estimate of $2.15 per share. This compares to earnings of $2.13 per share a year ago.
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Lincoln Electric (LECO) acquires RedViking to strengthen its automation solutions portfolio.
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Lincoln Electric (LECO) gains from improving demand and growth initiatives.