Lincoln Electric (LECO) Reports In-Line Q3 EPS
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Lincoln Electric Reports Third Quarter 2018 Results
October 25, 2018 7:30 AM EDTThird Quarter 2018 Highlights
Sales increase 10.1%EPS decreases 32.7% to $1.07, Adjusted EPS increases 30.1% to $1.21ROIC increases 410 basis points to 19.3%$97 million returned to shareholders and announced a 21% increase in the dividend payout rateCLEVELAND, Oct. 25, 2018 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc. (the Company) (Nasdaq: LECO) today reported third quarter 2018 net income of $70.5 million, or diluted earnings per share (EPS) of $1.07. This compares with $106.1 million, or $1.59 EPS in the prior year period. Reported EPS... More
