Lincoln Electric Reports Third Quarter 2019 Results

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Lincoln Electric (LECO) Misses Q3 EPS by 15c, Revenues Miss

October 30, 2019 7:35 AM EDT

Lincoln Electric (NASDAQ: LECO) reported Q3 EPS of $1.09, $0.15 worse than the analyst estimate of $1.24. Revenue for the quarter came in at $730.8 million versus the consensus estimate of $750.15 million.

Q3 EPS increases 9.3% to $1.17, Adjusted EPS decreases 9.9% to $1.09 ROIC increases 170 basis points to 21.0%... More