Lincoln Electric(LECO)

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2 Undervalued Industrial Dividend Stocks For August 2024
Seeking Alpha· 2024-08-31 14:45
Sometimes it feels like getting through a maze trying to find new investment opportunities Floresco Productions VAL S&P 500 (*SPX) Lovel % Change 8.64% Star 500 ( 31 x) X) Level % Change (*DJA) Level % Change Nasdaq Composite (*IXIC) Level % Change 5.65% 10.36% 4.00% 0.00% -4.00% Aug 6 Aug 8 Aug 10 Aug 12 Aug 14 Aug 16 Aug 18 Aug 20 Aug 22 Seeking AlphaQ Aug 25, 2024, 3:07 AM EDT Powered by YCHARTS Data by YCharts Just when it seems like the market is going to head lower it took off in the other direction a ...
Zacks Industry Outlook Black & Decker and Lincoln Electric Holdings
ZACKS· 2024-08-05 11:50
For Immediate Release Chicago, IL – August 5, 2024 – Today, Zacks Equity Research discusses Stanley Black & Decker, Inc. (SWK) and Lincoln Electric Holdings, Inc. (LECO) . Industry: Manufacturing Tools Link: https://www.zacks.com/commentary/2315124/2-manufacturing-tools-stocks-to-watch-despite-industryheadwinds Weakness in the manufacturing sector, slowdown in new orders and lingering effects of supply chain issues have marred the outlook of the Zacks Manufacturing-Tools & Related Products industry. The sho ...
Lincoln Electric (LECO) Q2 Earnings Beat, Revenues Dip Y/Y
ZACKS· 2024-08-02 18:10
Lincoln Electric Holdings, Inc. (LECO) reported adjusted earnings of $2.34 per share in the second quarter of 2024, beating the Zacks Consensus Estimate of $2.30. The bottom line decreased 4.1% year over year. Including one-time items, the bottom line was $1.77 per share compared with $2.36 in the prior-year quarter. Total revenues fell 3.7% year over year to $1.02 billion. However, the top line marginally beat the Zacks Consensus Estimate of $1.01 billion. The decline was due to a 4.4% fall in organic sale ...
2 Manufacturing Tools Stocks to Watch Despite Industry Headwinds
ZACKS· 2024-08-02 14:21
Weakness in the manufacturing sector, slowdown in new orders and lingering effects of supply chain issues have marred the outlook of the Zacks Manufacturing-Tools & Related Products industry. The shortage of skilled labor in the United States is another concern for the industry. However, industry participants' focus on cost-control measures and investments in product development have been allowing them to stay competitive in the market. Stanley Black & Decker, Inc. (SWK) and Lincoln Electric Holdings, Inc. ...
Lincoln Electric(LECO) - 2024 Q2 - Quarterly Report
2024-07-31 18:25
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________ to _____________ Commission File Number: 0-1402 LINCOLN ELECTRIC HOLDINGS, INC. (Exact name of registrant as specified in its charter) Ohi ...
Lincoln Electric(LECO) - 2024 Q2 - Earnings Call Transcript
2024-07-31 16:07
Lincoln Electric Holdings, Inc. (NASDAQ:LECO) Q2 2024 Earnings Conference Call July 31, 2024 10:00 AM ET Company Participants Amanda Butler - Vice President of Investor Relations & Communications Steve Hedlund - President & Chief Executive Officer Gabe Bruno - Chief Financial Officer Conference Call Participants Angel Castillo - Morgan Stanley Bryan Blair - Oppenheimer Nathan Jones - Stifel Joe Grabowski - Baird Saree Boroditsky - Jefferies Chris Dankert - Loop Capital Walt Liptak - Seaport Research Steve B ...
Lincoln Electric(LECO) - 2024 Q2 - Earnings Call Presentation
2024-07-31 16:04
July 31, 2024 LINCOLN ELECTRIC HOLDINGS, INC. Q2 2024 Earnings Safe Harbor and Regulation G Disclosures Forward-Looking Statements: Statements made during this presentation which are not historical facts may be considered forward-looking statements. Forward-looking statements involve risks and uncertainties that could cause actual events or results to differ materially from those expressed or implied. Forward-looking statements generally can be identified by the use of words such as "may," "will," "expect," ...
Lincoln Electric Holdings (LECO) Q2 Earnings and Revenues Beat Estimates
ZACKS· 2024-07-31 13:40
Lincoln Electric Holdings (LECO) came out with quarterly earnings of $2.34 per share, beating the Zacks Consensus Estimate of $2.30 per share. This compares to earnings of $2.44 per share a year ago. These figures are adjusted for non-recurring items. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Empirical research shows a strong correlation between near-te ...
Lincoln Electric(LECO) - 2024 Q2 - Quarterly Results
2024-07-31 13:20
Exhibit 99.1 Investor Relations: Amanda Butler (216) 383-2534 Amanda_Butler@lincolnelectric.com LINCOLN ELECTRIC REPORTS SECOND QUARTER 2024 RESULTS Second Quarter 2024 Highlights CLEVELAND, Wednesday, July 31, 2024 - Lincoln Electric Holdings, Inc. (the "Company") (Nasdaq: LECO) today reported second quarter 2024 net income of $101.7 million, or diluted earnings per share (EPS) of $1.77, which includes special item after-tax net charges of $32.6 million, or $0.57 EPS. This compares with prior year period n ...
Analysts Estimate Lincoln Electric Holdings (LECO) to Report a Decline in Earnings: What to Look Out for
ZACKS· 2024-07-24 15:07
The market expects Lincoln Electric Holdings (LECO) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to ...