Lincoln Electric (LECO) Tops Q1 EPS by 2c, Beats on Revenues

Lincoln Electric (NASDAQ: LECO) reported Q1 EPS of $1.10, $0.02 better than the analyst estimate of $1.08. Revenue for the quarter came in at $757.7 million versus the consensus estimate of $729.83 million.

First Quarter 2018 Highlights

• Sales increase 30.4% with 9.4% higher organic sales
• ROIC increases 50 basis points to 16.7%
• EPS increases 9.5% to $0.92, Adjusted EPS increases 25.0% to $1.10

For earnings history and earnings-related data on Lincoln Electric (LECO) click here.

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