Earnings Alerts

Lincoln Electric (LECO) Earnings: 2Q Adjusted EPS Surpasses Estimates Despite Sales Decline

  • Lincoln Electric 2Q Adjusted EPS: $2.34 vs. $2.44 y/y, estimate: $2.29.
  • Net Sales: $1.02 billion, -3.7% y/y, estimate: $1.03 billion.
  • Americas welding sales: $686.7 million, -3% y/y, estimate: $659.5 million.
  • International welding sales: $247.6 million, -5.4% y/y, estimate: $235.8 million.
  • Harris Products Group sales: $137.3 million, +3.2% y/y, estimate: $129.1 million.
  • Return on invested capital: +22.3% vs. +22% y/y.
  • 6 analysts rate Lincoln Electric as “Buy”, 3 as “Hold”, and 3 as “Sell”.

A look at Lincoln Electric Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth4
Resilience3
Momentum3
OVERALL SMART SCORE3.0

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Lincoln Electric Holdings, Inc. is a company that designs and manufactures welding and cutting products. Their range includes arc welding power sources, wire feeding systems, robotic welding packages, fume extraction equipment, consumable electrodes, fluxes, and regulators and torches used in oxy-fuel welding and cutting. According to Smartkarma Smart Scores, Lincoln Electric has been rated with a Value score of 2, Dividend score of 3, Growth score of 4, Resilience score of 3, and Momentum score of 3. This indicates a positive long-term outlook for the company, especially in terms of growth and resilience.

With a solid Growth score of 4 and a Resilience score of 3, Lincoln Electric is positioned well for the future. The company’s focus on innovation and development in the welding and cutting products industry is likely to drive growth opportunities. Additionally, the company’s ability to withstand market disruptions and maintain stability, as reflected in the Resilience score, provides a sense of security for investors. While the Value score is moderate at 2, the overall positive outlook based on the Smartkarma Smart Scores suggests that Lincoln Electric is a company worth considering for long-term investment strategies.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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