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Recap: Lincoln Electric Holdings Q2 Earnings

  Lincoln Electric Holdings (NASDAQ:LECO) reported its Q2 earnings results on Thursday, July 28, 2022 at 07:30 AM. Here's what investors need to know about the announcement.

Benzinga · 07/28/2022 07:47

 

Lincoln Electric Holdings (NASDAQ:LECO) reported its Q2 earnings results on Thursday, July 28, 2022 at 07:30 AM.

Here's what investors need to know about the announcement.

Earnings

Lincoln Electric Holdings beat estimated earnings by 11.22%, reporting an EPS of $2.18 versus an estimate of $1.96.

Revenue was up $143.13 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.43 which was followed by a 0.82% drop in the share price the next day.

Here's a look at Lincoln Electric Holdings's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 1.67 1.57 1.52 1.44
EPS Actual 2.10 1.61 1.56 1.67
Revenue Estimate 871.05M 821.06M 805.57M 787.54M
Revenue Actual 925.45M 844.25M 806.45M 826.45M

To track all earnings releases for Lincoln Electric Holdings VISIT THEIR EARNINGS CALENDAR HERE.

This article was generated by Benzinga's automated content engine and reviewed by an editor.