Lincoln Electric Holdings, Inc. - Common Shares (LECO)
194.99
-5.32 (-2.66%)
Lincoln Electric Holdings is a leading global manufacturer of industrial welding and cutting equipment, known for its innovative products and solutions in the welding industry
The company offers a diverse range of equipment, including arc welding and cutting systems, as well as consumables such as welding wires and electrodes. Additionally, Lincoln Electric provides various services, including training and technical support, aimed at enhancing productivity and safety in welding operations. With a commitment to quality and technological advancement, the company serves a wide array of sectors, including automotive, construction, and fabrication, helping to drive efficiency and performance for its customers worldwide.
Whether you see them or not, industrials businesses play a crucial part in our daily activities. Still, their generally high capital requirements expose them to the ups and downs of economic cycles, and the market seems to be baking in a prolonged downturn
as the industry has shed 1.7% over the past six months. This drawdown was discouraging since the S&P 500 returned 5.3%.
Looking back on professional tools and equipment stocks’ Q4 earnings, we examine this quarter’s best and worst performers, including Nordson (NASDAQNDSN) and its peers.
Earnings results often indicate what direction a company will take in the months ahead. With Q4 behind us, let’s have a look at Hyster-Yale Materials Handling (NYSEHY) and its peers.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how ESAB (NYSEESAB) and the rest of the professional tools and equipment stocks fared in Q4.
Lift truck and material handling solutions manufacturer Hyster-Yale Materials Handling (NYSEHY)
will be reporting results tomorrow after market hours. Here’s what to look for.
Lincoln Electric Holdings, Inc. (the “Company”) (Nasdaq: LECO) announced today that Michele Kuhrt, Executive Vice President, Chief Transformation Officer is retiring effective August 31, 2025.
Lincoln Electric Holdings, Inc., (Nasdaq: LECO) today announced that N. Joy Falotico, former President of The Lincoln Motor Company, a division of Ford Motor Company (NYSEF), has been elected to Lincoln Electric's Board of Directors, effective February 19, 2025. She will serve as a member of the Audit and the Nominating and Corporate Governance Committees. Ms. Falotico’s appointment expands Lincoln Electric's Board to 12 directors, 11 of whom are independent, non-employee directors.
Lincoln Electric Holdings, Inc., (Nasdaq: LECO) announced today that its Board of Directors has declared a quarterly cash dividend of $0.75 per common share, payable April 15, 2025, to shareholders of record as of March 31, 2025.
The Cleveland, Ohio-based company reported fourth-quarter adjusted earnings of $146 million, or $2.57 per share, compared with the average analysts’ estimate of $1.99 per share.
Welding equipment manufacturer Lincoln Electric (NASDAQLECO) beat Wall Street’s revenue expectations in Q4 CY2024, but sales fell by 3.4% year on year to $1.02 billion. Its non-GAAP profit of $2.57 per share was 28.9% above analysts’ consensus estimates.
Wall Street climbed on Thursday, even as the Producer Price Index (PPI) sharply exceeded estimates in January, reigniting concerns over persistent inflationary pressures.
Lincoln Electric Holdings, Inc. (the “Company”) (Nasdaq: LECO) today reported fourth quarter 2024 net income of $140.2 million, or diluted earnings per share (EPS) of $2.47, which included special item after-tax net charges of $5.8 million, or $0.10 EPS. This compares with prior year period net income of $156.6 million, or $2.70 EPS, which included special item after-tax net gains of $14.6 million, or $0.25 EPS. Excluding special items, fourth quarter 2024 adjusted net income was $146.0 million, or $2.57 adjusted EPS. This compares with adjusted net income of $142.0 million, or $2.45 adjusted EPS, in the prior year period.
Welding equipment manufacturer Lincoln Electric (NASDAQLECO)
will be announcing earnings results tomorrow before market open. Here’s what you need to know.
Lincoln Electric Holdings, Inc. (Nasdaq: LECO) today announced that Gabriel Bruno, Executive Vice President and Chief Financial Officer, will speak at the Barclays 42nd Annual Industrials Select Conference being held in Miami on Thursday, February 20, 2025, at 10:25 a.m. Eastern Time.
Lincoln Electric Holdings, Inc., (the “Company”) (Nasdaq: LECO) announced today that it will release its fourth quarter and full year 2024 results on Thursday, February 13, 2025, prior to market open. An investor conference call and webcast will take place at 10:00 a.m. (ET) later that day.
Lincoln Electric Holdings, Inc. (the “Company”) (Nasdaq: LECO) today announced that the Company’s 2025 Annual Meeting of Shareholders will be held as a virtual meeting on Thursday, April 24, 2025, at 11:00 a.m., Eastern Time.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how professional tools and equipment stocks fared in Q3, starting with Stanley Black & Decker (NYSESWK).
Lincoln Electric has been treading water for the past six months, holding steady at $187.01. The stock also fell short of the S&P 500’s 9.9% gain during that period.
