We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Linde (LIN) Q2 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
Read MoreHide Full Article
Wall Street analysts expect Linde (LIN - Free Report) to post quarterly earnings of $4.03 per share in its upcoming report, which indicates a year-over-year increase of 4.7%. Revenues are expected to be $8.35 billion, up 1% from the year-ago quarter.
Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
Given this perspective, it's time to examine the average forecasts of specific Linde metrics that are routinely monitored and predicted by Wall Street analysts.
The combined assessment of analysts suggests that 'Sales- EMEA' will likely reach $2.12 billion. The estimate indicates a change of +1.6% from the prior-year quarter.
According to the collective judgment of analysts, 'Sales- APAC' should come in at $1.62 billion. The estimate indicates a year-over-year change of -2.3%.
The average prediction of analysts places 'Sales- Other' at $317.93 million. The estimate indicates a year-over-year change of -0.7%.
It is projected by analysts that the 'Sales- Americas' will reach $3.80 billion. The estimate indicates a change of +4% from the prior-year quarter.
Analysts predict that the 'Sales- Engineering' will reach $567.47 million. The estimate indicates a change of +4.3% from the prior-year quarter.
The consensus estimate for 'Operating Profit- Americas' stands at $1.19 billion. Compared to the present estimate, the company reported $1.16 billion in the same quarter last year.
The consensus among analysts is that 'Operating Profit- EMEA' will reach $726.02 million. Compared to the current estimate, the company reported $704.00 million in the same quarter of the previous year.
Analysts expect 'Operating profit- Engineering' to come in at $99.57 million. The estimate compares to the year-ago value of $96.00 million.
Analysts' assessment points toward 'Operating profit- APAC' reaching $475.36 million. Compared to the present estimate, the company reported $474.00 million in the same quarter last year.
Over the past month, Linde shares have recorded returns of -0.4% versus the Zacks S&P 500 composite's +3.6% change. Based on its Zacks Rank #4 (Sell), LIN will likely underperform the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Linde (LIN) Q2 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
Wall Street analysts expect Linde (LIN - Free Report) to post quarterly earnings of $4.03 per share in its upcoming report, which indicates a year-over-year increase of 4.7%. Revenues are expected to be $8.35 billion, up 1% from the year-ago quarter.
Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
Given this perspective, it's time to examine the average forecasts of specific Linde metrics that are routinely monitored and predicted by Wall Street analysts.
The combined assessment of analysts suggests that 'Sales- EMEA' will likely reach $2.12 billion. The estimate indicates a change of +1.6% from the prior-year quarter.
According to the collective judgment of analysts, 'Sales- APAC' should come in at $1.62 billion. The estimate indicates a year-over-year change of -2.3%.
The average prediction of analysts places 'Sales- Other' at $317.93 million. The estimate indicates a year-over-year change of -0.7%.
It is projected by analysts that the 'Sales- Americas' will reach $3.80 billion. The estimate indicates a change of +4% from the prior-year quarter.
Analysts predict that the 'Sales- Engineering' will reach $567.47 million. The estimate indicates a change of +4.3% from the prior-year quarter.
The consensus estimate for 'Operating Profit- Americas' stands at $1.19 billion. Compared to the present estimate, the company reported $1.16 billion in the same quarter last year.
The consensus among analysts is that 'Operating Profit- EMEA' will reach $726.02 million. Compared to the current estimate, the company reported $704.00 million in the same quarter of the previous year.
Analysts expect 'Operating profit- Engineering' to come in at $99.57 million. The estimate compares to the year-ago value of $96.00 million.
Analysts' assessment points toward 'Operating profit- APAC' reaching $475.36 million. Compared to the present estimate, the company reported $474.00 million in the same quarter last year.
View all Key Company Metrics for Linde here>>>Over the past month, Linde shares have recorded returns of -0.4% versus the Zacks S&P 500 composite's +3.6% change. Based on its Zacks Rank #4 (Sell), LIN will likely underperform the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .