Linde (LIN) Stock

In this video, Motley Fool contributors Jason Hall and Tyler Crowe discuss the recent major news from Plug Power (PLUG -10.95%). They suggest that investors might have better success by putting their money into established companies like Linde (LIN 0.81%) and Air Products and Chemicals (APD 1.84%).

Linde plc could be a good investment, as it has experienced a 238% growth over the past decade, even with market ups and downs. The industrial gases sector is expected to grow rapidly, fueled by clean energy, decarbonization, and new uses in healthcare and technology. Linde's solid financial performance, stability, and effective management strategies make it a strong candidate for future growth, although there are some risks, such as rising debt, economic uncertainties, and a low dividend yield.

WOKING, UK / ACCESSWIRE / January 9, 2025 / Linde (NASDAQ:LIN) is set to announce its financial results for the fourth quarter of 2024 at 06:00 EST/midday CET on Thursday, February 6, 2025. The company will also hold a conference call that will be streamed online at 09:00 EST/15:00 CET, allowing the public and media to listen in.

Discover the fascinating world of Linde (LIN -0.34%) with our knowledgeable analysts in this episode of the Motley Fool Scoreboard. Watch the video below to learn important information about market trends and possible investment chances!

Linde is a developing business with low risk that can achieve returns of over 30% on the capital it invests. Recently high inflation allowed Linde to increase its prices, which contributed to its earnings growth. However, the current economic situation is not as positive, and the stock may be valued at a lower multiple.

Linde plc (NASDAQ:LIN) will hold its Q3 2024 Earnings Conference Call on October 31, 2024, at 9:00 AM ET. Key company participants include Juan Pelaez, Sanjiv Lamba, and Matt White, along with various analysts from major financial institutions. The operator will welcome everyone to the teleconference and webcast for the third quarter earnings discussion.

Linde (LIN) reported quarterly earnings of $3.94 per share, which is higher than the Zacks Consensus Estimate of $3.89 per share. This is an increase compared to earnings of $3.63 per share from the same period last year.

In the third quarter, Linde plc reported sales of $8.4 billion, a 2% increase, and an operating profit of $2.1 billion, with an adjusted profit of $2.5 billion, which is up 7%. The earnings per share (EPS) rose to $3.22, a 1% increase, while the adjusted EPS reached $3.94, up 9% compared to last year. The company also has a project backlog of over $10 billion, reflecting a growth of more than $2 billion.

LIN's performance in the third quarter probably suffered due to a slow global economy and increasing expenses. Additionally, the operating profit from its Engineering division may have fallen as well.