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Lincoln Electric (LECO) Reports Q2 Earnings: What Key Metrics Have to Say
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For the quarter ended June 2026, Lincoln Electric Holdings (LECO - Free Report) reported revenue of $1.22 billion, up 12% over the same period last year. EPS came in at $2.93, compared to $2.60 in the year-ago quarter.
The reported revenue represents a surprise of +4.45% over the Zacks Consensus Estimate of $1.17 billion. With the consensus EPS estimate being $2.81, the EPS surprise was +4.27%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Lincoln Electric performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Total Sales- The Harris Products Group: $206.91 million compared to the $189.86 million average estimate based on five analysts. The reported number represents a change of +26% year over year.
Total Sales- International Welding: $250.86 million versus $245.02 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +4.3% change.
Total Sales- Americas Welding: $803.34 million versus $788.8 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +8.5% change.
Net Sales- International Welding: $243.29 million versus $238.91 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +4.5% change.
Net Sales- Americas Welding: $774.44 million versus the four-analyst average estimate of $750.78 million. The reported number represents a year-over-year change of +11.2%.
Total Sales- Corporate and Elimination: $-41.44 million compared to the $-57.2 million average estimate based on four analysts. The reported number represents a change of -26.2% year over year.
Net Sales- The Harris Products Group: $201.93 million versus the four-analyst average estimate of $176.24 million. The reported number represents a year-over-year change of +26.9%.
Inter-segment sales- The Harris Products Group: $4.97 million versus $5.21 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -2.7% change.
Inter-segment sales- Americas Welding: $28.9 million versus the three-analyst average estimate of $43.09 million. The reported number represents a year-over-year change of -33.4%.
Inter-segment sales- International Welding: $7.56 million versus $7.8 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -1% change.
Adjusted EBIT- Americas Welding: $158.1 million compared to the $147.67 million average estimate based on five analysts.
Adjusted EBIT- International Welding: $26.6 million versus $27.62 million estimated by five analysts on average.
Shares of Lincoln Electric have remained unchanged over the past month versus the Zacks S&P 500 composite's -1.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Lincoln Electric (LECO) Reports Q2 Earnings: What Key Metrics Have to Say
For the quarter ended June 2026, Lincoln Electric Holdings (LECO - Free Report) reported revenue of $1.22 billion, up 12% over the same period last year. EPS came in at $2.93, compared to $2.60 in the year-ago quarter.
The reported revenue represents a surprise of +4.45% over the Zacks Consensus Estimate of $1.17 billion. With the consensus EPS estimate being $2.81, the EPS surprise was +4.27%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Lincoln Electric performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for Lincoln Electric here>>>
Shares of Lincoln Electric have remained unchanged over the past month versus the Zacks S&P 500 composite's -1.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.