Lincoln Electric Holdings (NASDAQ:LECO) reported its Q2 earnings results on Thursday, July 28, 2022 at 07:30 AM.
Here’s what investors need to know about the announcement.
Earnings
Lincoln Electric Holdings beat estimated earnings by 11.22%, reporting an EPS of $2.18 versus an estimate of $1.96.
Revenue was up $143.13 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.43 which was followed by a 0.82% drop in the share price the next day.
Here’s a look at Lincoln Electric Holdings’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.67 | 1.57 | 1.52 | 1.44 |
| EPS Actual | 2.10 | 1.61 | 1.56 | 1.67 |
| Revenue Estimate | 871.05M | 821.06M | 805.57M | 787.54M |
| Revenue Actual | 925.45M | 844.25M | 806.45M | 826.45M |
To track all earnings releases for Lincoln Electric Holdings visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
