Lincoln Electric Reports First Quarter 2020 Results
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Lincoln Electric (LECO) Reports In-Line Q1 EPS, Revenues Miss
April 27, 2020 7:33 AM EDTLincoln Electric (NASDAQ: LECO) reported Q1 EPS of $1.00, in-line with the analyst estimate of $1.00. Revenue for the quarter came in at $701.99 million versus the consensus estimate of $712.1 million.
First Quarter 2020 Highlights
Operating as an essential business (1) in substantially all locations to serve customersImplemented best practice hygiene and safety measures to protect employees Net sales declined 7.5%; Organic sales... More