Lincoln Electric (LECO) Tops Q1 EPS by 4c

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Lincoln Electric Reports First Quarter 2023 Results

April 27, 2023 7:30 AM EDT

First Quarter 2023 Highlights Net sales increase 12.3% to record $1,039 million on 8.5% higher organic salesOperating income margin of 15.8%; Adjusted operating income margin of 16.3%EPS of $2.09; Adjusted EPS of $2.13Cash flows from operations increase 188% to record $124 millionReturned $70 million to shareholders through... More