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.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

Andersons

Alexandria Real Estate Equities

Balchem

Franklin Resources

CubeSmart

EastGroup Properties

Ensign Group

Four Corners Property Trust

Hingham Institution for Savings

Kennedy-Wilson Holdings

MGM Growth Properties

National HealthCare

Nucor

Stryker

TFI International

Toro

Washington Trust Bancorp

W. P. Carey

York Water

All stocks have at least five fiscal years of dividend growth history and come from the U.S. Dividend Champions List. They have an average increase of 9.0% and a median increase of 5.4%. I've tracked 524 increases in 2021.

20 Dividend Increases To Finish 2021

Lincoln Electric (LECO) will gain on strong demand, acquisitions and innovative product launches. However, escalating freight and material costs might dent margins.

Solid Demand to Drive Lincoln Electric (LECO) Amid High Costs

CLEVELAND, Oct. 29, 2021 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc. (Nasdaq: LECO) today announced that Christopher L. Mapes, Chairman, President and Chief Executive Officer, will speak at Baird's 2021 Global Industrial Conference being held virtually on Wednesday, November 10, 2021, at 8:30a.m. Eastern Time.

Lincoln Electric to Present at Baird's 2021 Global Industrial Conference

Lincoln Electric Holdings, Inc. (LECO) CEO Christopher Mapes on Q3 2021 Results - Earnings Call Transcript

CLEVELAND, Oct. 28, 2021 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc. (the “Company”) (Nasdaq: LECO) today reported third quarter 2021 net income of $31.8 million, or diluted earnings per share (EPS) of $0.53, which includes special item after-tax charges of $62.0 million, or $1.03 EPS. Special item charges primarily relate to the termination of a pension plan. This compares with prior year period net income of $58.5 million, or $0.97 EPS, which included special item after-tax charges of $7.5 million, or $0.13 EPS. Excluding these items, third quarter 2021 adjusted net income was $93.8 million, or $1.56 Adjusted EPS. This compares with Adjusted net income of $66.0 million, or $1.10 Adjusted EPS in the prior year period.

Lincoln Electric Reports Third Quarter 2021 Results

American Electric Power Company

Brown & Brown

Crown Castle International

Fidelity D & D Bancorp

Huntington Bancshares

Heritage Financial

Heartland Financial USA

Hubbell

IDACORP

Magellan Midstream Partners

Middlesex Water

Mueller Water

Prosperity Bancshares

PPG Industries

Stepan

SPDR S&P 500 ETF Trust

1st Source

S&T Bancorp

Tompkins Financial

Universal Forest Products

This article series covers dividend changes on a weekly basis. A table with relevant data and key statistics of dividend increases is provided.

Dividend Increases: October 16-22, 2021

CLEVELAND, Oct. 19, 2021 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc., (Nasdaq: LECO) announced today that its Board of Directors has approved a 9.8% increase in the quarterly cash dividend, from $0.51 per share to $0.56 per share, or to $2.24 per share on an annualized basis. This marks the 26th consecutive annual increase of the dividend. The dividend is payable January 14, 2022 to shareholders of record at the close of business on December 31, 2021.

Lincoln Electric Board Approves 9.8% Dividend Increase

CLEVELAND, Sept. 30, 2021 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc., (the “Company”) (Nasdaq: LECO) announced today that it will release its third quarter 2021 results on Thursday, October 28, 2021 prior to market open. An investor webcast will take place at 10:00 a.m. (ET) later that day.

Lincoln Electric Schedules Webcast for Third Quarter 2021 Results

Lincoln Electric (LECO) has been struggling lately, but the selling pressure may be coming to an end soon.

Lincoln Electric (LECO) Sees Hammer Chart Pattern: Time to Buy?

Focus on acquisitions, innovative product launches, upbeat earnings growth projections are some of the factors that make Lincoln Electric (LECO) a worthy investment option.

Here's Why You Should Invest in Lincoln Electric (LECO) Now

CLEVELAND, Sept. 08, 2021 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc. (Nasdaq: LECO) today announced that Gabriel Bruno, Executive Vice President and Chief Financial Officer, will speak at the Morgan Stanley 9th Annual Laguna Conference being held virtually on Wednesday, September 15, 2021, at 1:30p.m. Eastern Time.

Lincoln Electric to Present at the Morgan Stanley 9th Annual Laguna Conference

Lincoln Electric (LECO) is well-poised for growth backed by demand in its end markets, acquisitions and innovative product launches.

Lincoln Electric (LECO) Rides on Solid Demand & Innovation

Lincoln Electric (LECO) reported earnings 30 days ago. What's next for the stock?

Why Is Lincoln Electric (LECO) Up 1.5% Since Last Earnings Report?

List of the Companies Profiled in the Market: Lincoln Electric (Ohio, United States), KOBE STEEL, LTD (Hyogo, Japan), ESAB (Maryland, United States), ZULFI (Al Zulfi, Saudi Arabia), ISWEL CO., LTD. (Seoul, Korea), CS HOLDINGS CO., LTD. (Gyeongsangbuk-do, Korea), RME MIDDLE EAST (Dubai, UAE), voestalpine BÖHLER Edelstahl GmbH (Linz, Upper Austria), capilla (Leopoldshöhe, Germany), Tianjin Golden Bridge Welding Materials Group International Trading Co., Ltd. (Tianjin, P. R. China), Miller Electric Mfg. LLC (Wisconsin, United States) List of the Companies Profiled in the Market: Lincoln Electric (Ohio, United States), KOBE STEEL, LTD (Hyogo, Japan), ESAB (Maryland, United States), ZULFI (Al Zulfi, Saudi Arabia), ISWEL CO., LTD. (Seoul, Korea), CS HOLDINGS CO., LTD. (Gyeongsangbuk-do, Korea), RME MIDDLE EAST (Dubai, UAE), voestalpine BÖHLER Edelstahl GmbH (Linz, Upper Austria), capilla (Leopoldshöhe, Germany), Tianjin Golden Bridge Welding Materials Group International Trading Co., Ltd. (Tianjin, P. R. China), Miller Electric Mfg. LLC (Wisconsin, United States)

Welding Market to Exhibit a Decent CAGR of 4.6% by 2028; Lincoln Electric Acquires Baker Industries, Inc. to Strengthen its Position, says Fortune Business Insights™

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

Earnings Estimates Rising for Lincoln Electric (LECO): Will It Gain?

Lincoln Electric posted solid top-line and operating beats in the second quarter, with the best volume growth in years, strong pricing, and significant margin improvement in International.

Lincoln Electric Off And Running On A New Capex Cycle

Albertsons Companies

Steven Madden

Tempur Sealy International

ACI, TPX, SHOO, and LECO made it to the Zacks Rank #1 (Strong Buy) growth stocks list on August 2, 2021

Top Ranked Growth Stocks to Buy for August 2nd

Advances The Harris Products Group's HVAC Growth Strategy Advances The Harris Products Group's HVAC Growth Strategy

Lincoln Electric Acquires Overstreet-Hughes Company, Inc. and Shoals Tubular, Inc.

Lincoln Electric's (LECO) second-quarter earnings benefit from strong demand across its end markets and improved productivity.

Lincoln Electric (LECO) Q2 Earnings & Sales Top Estimates, Up Y/Y

Lincoln Electric Holdings, Inc. (LECO) CEO Chris Mapes on Q2 2021 Results - Earnings Call Transcript

Shares of Lincoln Electric Holdings (NASDAQ:LECO) were unchanged after the company reported Q2 results. Quarterly Results Earnings per share increased 108.75% over the past year to $1.67, which beat the estimate of $1.44.

Recap: Lincoln Electric Q2 Earnings

CLEVELAND, July 27, 2021 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc. (the “Company”) (Nasdaq: LECO) today reported second quarter 2021 net income of $96.1 million, or diluted earnings per share (EPS) of $1.60, which includes special item after-tax charges of $4.5 million, or $0.07 EPS. This compares with prior year period net income of $27.0 million, or $0.45 EPS, which included special item after-tax charges of $21.0 million, or $0.35 EPS. Excluding these items, second quarter 2021 Adjusted net income was $100.6 million, or $1.67 Adjusted EPS. This compares with Adjusted net income of $48.0 million, or $0.80 Adjusted EPS in the prior year period.

Lincoln Electric Reports Second Quarter 2021 Results

CLEVELAND, July 23, 2021 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc., (Nasdaq: LECO) today announced participation in the following upcoming events with the financial community in the month of August:

Lincoln Electric Announces August 2021 Events With the Financial Community

Lincoln Electric (LECO) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Lincoln Electric (LECO) Might Surprise This Earnings Season

Does Lincoln Electric Holdings (LECO) have what it takes to be a top stock pick for momentum investors? Let's find out.

News for Lincoln Electric Hlds Stock (LECO)