Lincoln Electric Reports First Quarter 2019 Results

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Lincoln Electric (LECO) Misses Q1 EPS by 5c, Revenues Miss

April 22, 2019 7:33 AM EDT

Lincoln Electric (NASDAQ: LECO) reported Q1 EPS of $1.17, $0.05 worse than the analyst estimate of $1.22. Revenue for the quarter came in at $759.2 million versus the consensus estimate of $767.35 million.

We achieved earnings growth in the quarter by successfully mitigating inflation and benefiting from favorable mix... More