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Lincoln Electric (LECO) gains from improving demand and growth initiatives.
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Lincoln Electric (LECO) achieves record-breaking sales and earnings in the fourth quarter of 2023, showcasing strong demand for its solutions and the successful implementation of its Higher Standard strategy.
While the top- and bottom-line numbers for Lincoln Electric (LECO) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Lincoln Electric Holdings (LECO) came out with quarterly earnings of $2.45 per share, beating the Zacks Consensus Estimate of $2.19 per share. This compares to earnings of $1.94 per share a year ago.
CLEVELAND, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc. (Nasdaq: LECO) today announced that Steven B. Hedlund, President and Chief Executive Officer and Gabriel Bruno, Executive Vice President and Chief Financial Officer, will speak at the Barclays 41st Industrials Select Conference being held in Miami on Thursday, February 22, 2024, at 10:55 a.m. Eastern Time.
Lincoln Electric (LECO) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.