LECO Stock Overview

Lincoln Electric (LECO) has the right mix of two important factors that could lead to better earnings in its next report. Get ready for the main expectations.

Lincoln Electric (LECO) has a strong track record of surprising with its earnings and currently has the right mix of factors that suggest it may exceed expectations in its upcoming quarterly report.

The Zacks Manufacturing-Tools & Related Products industry has been benefiting from strong performance in various markets, as well as high demand for machine tools in the industrial and automotive fields. Some key stocks in this industry include SWK, CNM, LECO, and KMT.

CLEVELAND--(BUSINESS WIRE)-- #LEA--Lincoln Electric Holdings, Inc. (the “Company”) (Nasdaq: LECO) has announced that it will share its fourth quarter and full year 2024 results on Thursday, February 13, 2025, before the market opens. An investor conference call and webcast will follow at 10:00 a.m. (ET) that same day. The event will be available for listening online, and you can find it on the Company's Investor Relations page at https://ir.lincolnelectric.com.

CLEVELAND--(BUSINESS WIRE)-- #LEA--Lincoln Electric Holdings, Inc. (the “Company”) (Nasdaq: LECO) has announced that its 2025 Annual Meeting of Shareholders will take place online on Thursday, April 24, 2025, at 11:00 a.m. Eastern Time. Lincoln Electric is recognized as the global leader in creating and producing advanced arc welding solutions, as well as automated systems for joining, assembly, and cutting.

In the third quarter of 2024, Lincoln Electric reported an 8.7% drop in sales volume compared to the previous year, mainly because of reduced demand from original equipment manufacturers and inventory reductions. To address this, the company is concentrating on new products, such as a handheld laser system and a collaborative robot, which could help them compete better and capture more market share. With a potential upside of around 9% at its current valuation, the risks seem to be accounted for, making it an attractive option for long-term investors.

Lincoln Electric shows impressive returns on capital and has a strong track record of smart investment choices. Its unique market position and high operating profits give it an advantage over competitors. Current valuations are close to the average of the past five years, offering a good level of safety when considering future growth.

Lincoln Electric Holdings, Inc. (NASDAQ:LECO) held its Q3 2024 Earnings Call on October 31, 2024, at 10:00 AM ET. The call featured company representatives, including Amanda Butler, Steve Hedlund, and Gabe Bruno, along with various conference call participants from different financial firms. The operator welcomed everyone and noted that the lines were muted and the call was being recorded.

Lincoln Electric Holdings (LECO) reported quarterly earnings of $2.14 per share, which is higher than the Zacks Consensus Estimate of $2.05 per share. However, this is a decrease compared to earnings of $2.40 per share from the same period last year.