Profile
Sector:
IndustrialsIndustry:
Tools & AccessoriesCountry:
United StatesIPO:
07 April 1994Website:
http://www.lincolnelectric.comNext earnings report:
26 July 2024Last dividends:
28 June 2024Next dividends:
N/APrice
regular market | 21 min agoAnalysts recommendations
Institutional Ownership
LECO Latest News
Lincoln Electric is facing near-term challenges due to economic uncertainty and market contraction, with virtually all of its major markets seeing some level of weakness. Despite an unexpected contraction in sales, Lincoln Electric management expects margins to remain relatively stable and free cash flow should be healthy. Lincoln Electric's business mix has been shifting towards more equipment sales, leading to higher margins and positioning the company well for a future where automation is even more important.
CLEVELAND--(BUSINESS WIRE)-- #LEA--Lincoln Electric Holdings, Inc. (the “Company”) (Nasdaq: LECO) today announced that it has been recognized as one of America's Greatest Workplaces for 2024 by Newsweek and Plant-A Insights Group. The award recognizes leading U.S. workplaces based on reviews from over 250,000 U.S. employees across eight categories: training and career progression; proactive management of a diverse workforce; sustainability; corporate culture; compensation and benefits; working environ.
CLEVELAND--(BUSINESS WIRE)-- #LEA--Lincoln Electric completes $550M senior unsecured notes. Proceeds will be used to repay its $400M term loan. Entered into a $1B revolver.
CLEVELAND--(BUSINESS WIRE)-- #LEA--Lincoln Electric is recognized as one of the USA TODAY America's Best Climate Leaders 2024 for its reduction in core emissions intensity.
CLEVELAND--(BUSINESS WIRE)-- #LEA--Lincoln Electric Holdings, Inc. (Nasdaq: LECO) today announced that Steven B. Hedlund, President and Chief Executive Officer, will speak at the Stifel 2024 Cross Sector Insight Conference being held in Boston on Wednesday, June 5, 2024, at 8:00 a.m. Eastern Time. The presentation will be webcast and can be accessed on our Investor Relations web site at https://ir.lincolnelectric.com. A replay will also be accessible on our Investor Relations web site. About Lincoln E.
Lincoln Electric (LECO) will gain from strong order trends and its focus on pricing.
Lincoln Electric (LECO) reports record profits in the first quarter of 2024, demonstrating successful cost control measures that mitigated the effects of decreased revenues.
The overall performance of Lincoln Electric (LECO) in the quarter ending March 2024 can be understood from the headline numbers, but it could be beneficial to analyze certain key metrics in comparison to Wall Street predictions and the figures from the same period last year.
Lincoln Electric Holdings (LECO) reported quarterly earnings of $2.23 per share, surpassing the Zacks Consensus Estimate of $2.15 per share. This is an improvement from earnings of $2.13 per share in the same quarter last year.
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What type of business is Lincoln Electric Holdings?
Lincoln Electric Holdings, Inc. designs, develops, manufactures, and sells products for welding, cutting, and brazing worldwide. It operates through three segments: Americas Welding, International Welding, and The Harris Products Group. The company offers welding products, including arc welding power sources, plasma cutters, wire feeding systems, robotic welding kits, integrated automation systems, smoke removal equipment, consumable electrodes, fluxes and welding accessories, as well as specialized welding materials and products for welding. Lincoln Electric Holdings, Inc. also supplies computer numerical control plasma and oxy-fuel cutting systems, regulators and torches used for oxy-fuel welding, cutting, and brazing, as well as consumables used in the soldering and brazing alloys market. Lincoln Electric Holdings, Inc. was founded in 1895 and is headquartered in Cleveland, Ohio.
What sector is Lincoln Electric Holdings in?
Lincoln Electric Holdings is in the Industrials sector
What industry is Lincoln Electric Holdings in?
Lincoln Electric Holdings is in the Tools & Accessories industry
What country is Lincoln Electric Holdings from?
Lincoln Electric Holdings is headquartered in United States
When did Lincoln Electric Holdings go public?
Lincoln Electric Holdings initial public offering (IPO) was on 07 April 1994
What is Lincoln Electric Holdings website?
https://www.lincolnelectric.com
Is Lincoln Electric Holdings in the S&P 500?
No, Lincoln Electric Holdings is not included in the S&P 500 index
Is Lincoln Electric Holdings in the NASDAQ 100?
No, Lincoln Electric Holdings is not included in the NASDAQ 100 index
Is Lincoln Electric Holdings in the Dow Jones?
No, Lincoln Electric Holdings is not included in the Dow Jones index
When does Lincoln Electric Holdings report earnings?
The next expected earnings date for Lincoln Electric Holdings is 26 July 2024