Recap: Lincoln Electric Holdings Q1 Earnings

Lincoln Electric Holdings LECO reported its Q1 earnings results on Thursday, April 28, 2022 at 07:30 AM.

Here's what investors need to know about the announcement.

Lincoln Electric Holdings beat estimated earnings by 25.75%, reporting an EPS of $2.1 versus an estimate of $1.67.

Revenue was up $168.43 million from the same period last year.

Last quarter the company beat on EPS by $0.04 which was followed by a 0.73% drop in the share price the next day.

Here's a look at Lincoln Electric Holdings's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	1.57	1.52	1.44	1.18
EPS Actual	1.61	1.56	1.67	1.37
Revenue Estimate	821.06M	805.57M	787.54M	725.27M
Revenue Actual	844.25M	806.45M	826.45M	757.02M

To track all earnings releases for Lincoln Electric Holdings visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Calendar