Lincoln Electric (LECO) Declares $0.49 Quarterly Dividend; 2.2% Yield

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Lincoln Electric (LECO) Tops Q2 EPS by 44c, Revenues Beat

July 27, 2020 7:32 AM EDT

Lincoln Electric (NASDAQ: LECO) reported Q2 EPS of $0.80, $0.44 better than the analyst estimate of $0.36. Revenue for the quarter came in at $590.73 million versus the consensus estimate of $552.55 million.

Second Quarter 2020 Highlights

Net sales decline 24.0% on lower organic salesOperating income margin of 6.7%;... More