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Lincoln Electric Holdings, Inc. (NASDAQ:LECO ) Q3 2023 Earnings Conference Call October 27, 2023 10:00 AM ET Company Participants Amanda Butler - Vice President, Investor Relations and Communications Chris Mapes - Chairman, President and Chief Executive Officer Gabe Bruno - Chief Financial Officer Steve Hedlund - Chief Operating Officer Conference Call Participants Bryan Blair - Oppenheimer Saree Boroditsky - Jefferies Nathan Jones - Stifel Mig Dobre - Robert W. Baird Walter Liptak - Seaport Research Robert Jameson - UBS Operator Greetings and welcome to the Lincoln Electric's 2023 Third Quarter Financial Results Conference Call.

Lincoln Electric Holdings (LECO) came out with quarterly earnings of $2.40 per share, beating the Zacks Consensus Estimate of $2.27 per share. This compares to earnings of $2.04 per share a year ago.

The headline numbers for Lincoln Electric (LECO) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Lincoln Electric (LECO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

CLEVELAND, Sept. 28, 2023 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc., (the “Company”) (Nasdaq: LECO) announced today that it will release its third quarter 2023 results on Friday, October 27, 2023, prior to market open. An investor conference call and webcast will take place at 10:00 a.m. (ET) later that day.

Lincoln Electric (LECO) receives an order to supply four Velion DC fast chargers.

Lincoln Electric has seen a strong performance in its shares over the past year, even after a recent pullback. The company is a leading manufacturer of welding equipment and has benefited from long-term trends such as labor shortages and increased investments in renewables and infrastructure. While the company's earnings have improved, the stock's valuation has also increased, making the risk-reward less attractive at the current price.

Lincoln Electric (LECO) delivers record earnings in second-quarter 2023.

Although the revenue and EPS for Lincoln Electric (LECO) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Does Lincoln Electric Holdings (LECO) have what it takes to be a top stock pick for momentum investors? Let's find out.