Lincoln Electric Hlds

Lincoln Electric Holdings, Inc. engages in the manufacture of arc welding equipment, consumable welding products and other welding and cutting products. Its welding products include arc welding power sources, wire feeding systems, robotic welding packages, fume extraction equipment, consumable electrodes and fluxes. The firm offers CNC plasma and oxy-fuel cutting systems, regulators and torches used in oxy-fuel welding, cutting and brazing. It operates through the following segments: Americas Welding, International Welding and The Harris Products Group. The Americas Welding segment includes welding operations in North and South America. The International Welding segment primarily includes welding operations in Europe, Africa, Asia, and Australia. The Harris Products Group includes the company's global cutting, soldering and brazing businesses as well as the retail business in the United States. The company was founded by John C. Lincoln and James F. Lincoln on December 05, 1895 and is headquartered in Cleveland, OH.

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Lincoln Electric achieves record sales in 2022, eyes automation growth

Lincoln Electric delivered strong financial performance in 2022, driven by record sales and profitability. While facing challenges in certain international segments, the company remains optimistic about future growth opportunities, particularly in automation and EV initiatives. Management anticipates steady growth in the Americas and aims to improve International margins throughout the year.

Lincoln Electric achieves record sales and eyes growth opportunities

Lincoln Electric delivered a strong financial performance in Q1 2023, marked by record sales, solid profitability metrics, and strategic investments in growth areas. While facing margin challenges and segment-specific declines, the company remains optimistic about future growth prospects driven by its initiatives and market opportunities.

Lincoln Electric achieves record Q2 results, eyes automation growth

Lincoln Electric delivered exceptional financial performance in Q2 2023, setting new records across key metrics and demonstrating effective cost management. The company's focus on automation and upcoming product launches positions it well for future growth. However, sustaining this momentum amidst market challenges will be crucial.

Lincoln Electric achieves record Q3 performance amidst inflation challenges

Lincoln Electric's Q3 2023 performance showcased robust sales growth and profitability, driven by strategic acquisitions and organic initiatives. While inflationary pressures pose challenges, the company is proactively addressing them through pricing adjustments and productivity programs. With a focus on growth opportunities and market demand, Lincoln Electric remains optimistic about its long-term prospects.

Lincoln Electric reports record earnings, eyes automation growth opportunities

Lincoln Electric delivered strong financial performance, focusing on continuous improvement, safety, and environmental performance. The company is optimistic about growth opportunities, particularly in automation and international markets. Despite challenges in certain sectors, Lincoln Electric remains well-positioned for future growth.

Lincoln Electric Hlds (LECO) reports record margins amidst sales decline

Lincoln Electric Hlds (LECO) achieved record margins and cash flows in Q1 2024 despite a decline in organic sales, with a focus on innovation and value creation.
Strong project activity in specific regions, robust automation backlog, and the RedViking acquisition present growth opportunities.
Challenges include softer performance drivers impacting sales, caution in certain markets, and pressure on consumables in heavy industry.
Anticipated improvements in the back half of the year, flat to up organic sales trend, and confidence in strategic initiatives and business growth.

Lincoln Electric reports resilient Q2 results, eyes growth opportunities

Lincoln Electric's Q2 performance showcased resilience in the face of market challenges, driven by strategic acquisitions and a focus on operational efficiency. While facing hurdles in the EV charger market, the company's strong cash flows and growth initiatives present opportunities for long-term success.

Lincoln Electric Hlds (LECO) reports solid Q3 results amidst market challenges

Lincoln Electric Hlds (LECO) demonstrated resilience in Q3 amid challenging market dynamics, with a focus on cost savings and new product launches. While facing a decline in organic sales, the company remains confident in its long-term growth prospects. Analyst inquiries highlighted key areas of concern and interest for the company's future performance.

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Lincoln Electric Holdings, Inc. engages in the manufacture of arc welding equipment, consumable welding products, and other welding and cutting products. It operates through the following segments: Americas Welding, International Welding, and The Harris Products Group. The Americas Welding segment includes welding operations in North and South America. The International Welding segment primarily deals with welding operations in Europe, Africa, Asia, and Australia. The Harris Products Group segment refers to the company's global cutting, soldering, and brazing businesses as well as the retail business in the United States. The company was founded by John C. Lincoln and James F. Lincoln on December 5, 1895 and is headquartered in Cleveland, OH.

CLEVELAND, May 05, 2022 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc. (the “Company”) (NASDAQ: LECO) today announced that Michelle N. Butler has been appointed Vice President, Environmental, Health and Safety (EHS) & Sustainability, reporting to the Executive Vice President, General Counsel and Secretary.

Lincoln Electric Appoints Michelle N. Butler as Vice President, Environmental, Health and Safety (EHS) & Sustainability

Lincoln Electric (LECO) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Why Lincoln Electric (LECO) Might be Well Poised for a Surge

Lincoln Electric (LECO) delivers record sales in Q1, courtesy of organic growth of 22% and acquisitions.

Lincoln Electric (LECO) Q1 Earnings Beat Estimates, Shares Up

Lincoln Electric Holdings, Inc. (NASDAQ:LECO ) Q1 2022 Earnings Conference Call April 28, 2022 10:00 AM ET Company Participants Amanda Butler - VP, IR and Communications Christopher Mapes - Chairman, President and CEO Gabriel Bruno - CFO Conference Call Participants Bryan Blair - Oppenheimer Mig Dobre - Baird Dillon Cumming - Morgan Stanley Steve Barger - KeyBanc Capital Markets Adam Farley - Stifel Operator Greetings, and welcome to the Lincoln Electric First Quarter 2022 Financial Results Conference Call. At this time, all participants are in a listen-only mode and this call is being recorded.

Lincoln Electric Holdings, Inc. (LECO) CEO Christopher Mapes on Q1 2022 Earnings Call Transcript

Lincoln Electric (LECO) delivered earnings and revenue surprises of 28.83% and 7.02%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Lincoln Electric Holdings (LECO) Surpasses Q1 Earnings and Revenue Estimates

CLEVELAND, April 28, 2022 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc. (the “Company”) (Nasdaq: LECO) today reported first quarter 2022 net income of $126.0 million, or diluted earnings per share (EPS) of $2.13, which includes special item after-tax net gains of $1.3 million, or $0.03 EPS. This compares with prior year period net income of $74.2 million, or $1.23 EPS, which included special item after-tax charges of $8.6 million, or $0.14 EPS. Excluding these items, first quarter 2022 Adjusted net income was $124.7 million, or $2.10 Adjusted EPS. This compares with Adjusted net income of $82.8 million, or $1.37 Adjusted EPS, in the prior year period.

Lincoln Electric Reports First Quarter 2022 Results

Lincoln Electric's additive manufacturing solution delivers parts in 30 days Lincoln Electric's additive manufacturing solution delivers parts in 30 days

Lincoln Electric Works With Chevron to Accelerate Refinery Maintenance Using Lincoln Electric's 3D Metal Printing Solution

CLEVELAND, April 25, 2022 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc. (Nasdaq: LECO) today announced that Gabriel Bruno, Executive Vice President and Chief Financial Officer, will speak at the Oppenheimer 17th Annual Industrial Growth Conference being held virtually on Wednesday, May 4, 2022, at 9:00 a.m. Eastern Time.

Lincoln Electric to Present at the Oppenheimer 17th Annual Industrial Growth Conference

Lincoln Electric (LECO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Lincoln Electric Holdings (LECO) Reports Next Week: Wall Street Expects Earnings Growth

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Here's Why Lincoln Electric Holdings (LECO) is a Strong Value Stock

CLEVELAND, March 31, 2022 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc., (the “Company”) (Nasdaq: LECO) announced today that it will release its first quarter 2022 results on Thursday, April 28, 2022 prior to market open. An investor conference call and webcast will take place at 10:00 a.m. (ET) later that day.

Lincoln Electric Schedules Webcast For First Quarter 2022 Results

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Lincoln Electric's (LECO) latest buyout will expand its specialty alloys portfolio and services and strengthen its 2025 Higher Standard strategy in South America.

Lincoln Electric (LECO) Buys Kestra, Expand Specialty Alloys

CLEVELAND, March 01, 2022 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc. (Nasdaq: LECO) announced today that it has acquired Kestra Universal Soldas, Indústria e Comércio, Importação e Exportação Ltda. (“Kestra”), a privately held manufacturer headquartered in Atibaia, São Paulo State, Brazil. Kestra manufactures and provides specialty welding consumables, wear plates and maintenance and repair services for alloy and wear-resistant products commonly used in mining, steel, agricultural and industrial mill applications.

Lincoln Electric Acquires Kestra Universal Soldas, Indústria e Comércio, Importação e Exportação Ltda.

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CLEVELAND, Feb. 16, 2022 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc., (Nasdaq: LECO) today announced that Brian D. Chambers, 55, Chair and Chief Executive Officer of Owens Corning (NYSE: OC), has been elected to Lincoln Electric's Board of Directors (the “Board”), effective February 16, 2022. He has been appointed to serve on the Audit and the Finance Committees. Mr. Chambers' appointment expands Lincoln Electric's Board to 13 directors, 12 of whom are independent, non-employee directors.

Brian D. Chambers Elected to Lincoln Electric Board

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We believe that Lincoln Electric Holdings Inc. currently is a better bet compared to MasTec Inc.. Lincoln stock trades at 2.4x trailing revenues, much more than that of MasTec, whose P/S multiple stands at 0.9x.

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Lincoln Electric's (LECO) Q4 top line gains from an increase in organic sales and contributions from the acquisitions.

Lincoln Electric (LECO) Q4 Earnings & Sales Top Estimates

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Lincoln Electric Holdings, Inc. (LECO) CEO Christopher Mapes on Q4 2021 Results - Earnings Call Transcript

CLEVELAND, Feb. 10, 2022 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc. (the “Company”) (Nasdaq: LECO) today reported fourth quarter 2021 net income of $74.4 million, or diluted earnings per share (EPS) of $1.25, which includes special item after-tax charges of $21.8 million, or $0.36 EPS. Special item charges primarily relate to the termination of a pension plan. This compares with prior year period net income of $65.1 million, or $1.08 EPS, which included special item after-tax charges of $9.9 million, or $0.16 EPS. Excluding these items, fourth quarter 2021 Adjusted net income was $96.2 million, or $1.61 Adjusted EPS. This compares with Adjusted net income of $75.0 million, or $1.24 adjusted EPS, in the prior year period.

Lincoln Electric Reports Fourth Quarter and Full Year 2021 Results

CLEVELAND, Jan. 11, 2022 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc. (the “Company”) (Nasdaq: LECO) today announced that the Company's 2022 Annual Meeting of Shareholders will be held as a virtual meeting on Thursday, April 21, 2022 at 11:00 a.m., Eastern Time.

Lincoln Electric Schedules 2022 Virtual Annual Meeting of Shareholders

CLEVELAND, Jan. 10, 2022 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc., (the “Company”) (Nasdaq: LECO) announced today that it will release its fourth quarter and full year 2021 results on Thursday, February 10, 2022 prior to market open. An investor conference call and webcast will take place at 10:00 a.m. (ET) later that day.

Lincoln Electric Schedules Webcast for Fourth Quarter and Full Year 2021 Results

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