Lincoln Electric Holdings, Inc. (LECO) Tops Q1 EPS by 1c, Sales Miss

Lincoln Electric Holdings, Inc. (NASDAQ: LECO) reported Q1 EPS of $0.91, $0.01 better than the analyst estimate of $0.90. Revenue for the quarter came in at $685.1 million versus the consensus estimate of $722.98 million.

Christopher L. Mapes, Chairman, President and Chief Executive Officer stated, "We held profitability margins steady in the quarter, benefiting from mix, solid operating performance and steady management of expenses, which helped offset lower volumes. Additionally, we generated improved cash flow from operations and continued to accelerate returns to shareholders."

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

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