Lincoln Electric (LECO) Tops Q3 EPS by 3c

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Lincoln Electric Reports Third Quarter 2021 Results

October 28, 2021 7:30 AM EDT

Third Quarter 2021 Highlights Net sales increase 20.6% to record $806.5 million on 18.3% higher organic sales  Operating income margin of 14.3%; Adjusted operating income margin of 15.2%  EPS decreases 45.4% to $0.53; Adjusted EPS increases 41.8% to record $1.56  Cash flow from operations increase 23% to $109.9 million  ROIC increases... More