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Stock impact report

Lincoln Electric Q4 Earnings Top Estimates, Revenues Dip 3% Y/Y [Yahoo! Finance]

Lincoln Electric Holdings, Inc. - Common Shares (LECO) 
Last lincoln electric holdings, inc. - common shares earnings: 4/27 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: ir.lincolnelectric.com
Company Research Source: Yahoo! Finance
5 min read In This Article LECO CAT Lincoln Electric Holdings, Inc. LECO reported fourth-quarter 2024 adjusted earnings of $2.57 per share, beating the Zacks Consensus Estimate of $2.00. This marked a 4.9% year-over-year increase. Find the latest EPS estimates and surprises on Zacks Earnings Calendar. Including one-time items, the bottom line was $2.47 per share compared with $2.70 in the year-ago quarter. Total revenues fell 3.4% year over year to $1.02 billion. The downside in revenues can be attributed to a 7.5% fall in organic sales and a 1.1% unfavorable foreign exchange. This was partially offset by a 5.2% benefit from acquisitions. The top line surpassed the Zacks Consensus Estimate of $996 million. LECO's Q4 Costs & Margins The cost of goods sold fell 5% year over year to $653 million. The gross profit declined 0.6% to $369 million. The gross margin was 36.1% compared with the year-ago quarter's 35.1%. Selling, general and administrative expenses decreased Show less Read more
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