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Lincoln Electric Q4 2023 Earnings Report

Lincoln Electric logo
$200.31 -6.38 (-3.09%)
As of 03/3/2025 04:00 PM Eastern

Lincoln Electric EPS Results

Actual EPS
$2.45
Consensus EPS
$2.19
Beat/Miss
Beat by +$0.26
One Year Ago EPS
$1.94

Lincoln Electric Revenue Results

Actual Revenue
$1.06 billion
Expected Revenue
$1.03 billion
Beat/Miss
Beat by +$23.58 million
YoY Revenue Growth
+13.70%

Lincoln Electric Announcement Details

Quarter
Q4 2023
Time
Before Market Opens

Conference Call Resources

Lincoln Electric Earnings Headlines

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Lincoln Electric announces retirement of Chief Transformation Officer
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About Lincoln Electric

Lincoln Electric (NASDAQ:LECO), through its subsidiaries, designs, develops, manufactures, and sells welding, cutting, and brazing products worldwide. The company operates through three segments: Americas Welding, International Welding, and The Harris Products Group. It offers brazing and soldering filler metals, arc welding equipment, plasma and oxyfuel cutting systems, wire feeding systems, fume control equipment, welding accessories, and specialty gas regulators, and education solutions, as well as a portfolio of automated solutions for joining, cutting, material handling, module assembly, and end of line testing, as well as involved in brazing and soldering alloys, and in the retail business in the United States. In addition, the company manufactures copper and aluminum headers, distributor assemblies, and manifolds for the heating, ventilation, and air conditioning sector in the United States and Mexico; provides specialty welding consumables, wear plates and maintenance and repair services for alloy and wear-resistant products used in mining, steel, agricultural, and industrial mill applications; and designs and manufactures robotic assembly and arc welding systems that automate the tacking and welding of steel beams. Further, the company serves general fabrication, oil and gas, power generation, process, automotive and transportation, and construction and infrastructure industries, as well as heavy fabrication, ship building, and maintenance and repair markets. It sells its products directly to users of welding products, as well as through industrial distributors, retailers, and agents. The company was founded in 1895 and is headquartered in Cleveland, Ohio.

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