Lincoln Electric Reports Third Quarter 2020 Results

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Lincoln Electric (LECO) Tops Q3 EPS by 32c, Revenues Beat

October 27, 2020 7:33 AM EDT

Lincoln Electric (NASDAQ: LECO) reported Q3 EPS of $1.10, $0.32 better than the analyst estimate of $0.78. Revenue for the quarter came in at $668.89 million versus the consensus estimate of $611.6 million.

Third Quarter 2020 Highlights

Net sales decline narrows to 8.5% on 8.3% lower organic salesOperating income margin of... More