Core Viewpoint - Lincoln Electric is experiencing short-term challenges, particularly in automation and the EV sector, but maintains a strong long-term outlook due to favorable industry trends and solid margins [1][2]. Company Overview - Lincoln Electric has a rich history as a quality manufacturer of welding and related equipment, primarily competing in North America against companies like Illinois Tool Works and ESAB [3]. - The demand for Lincoln's products is driven by labor shortages, infrastructure investments, and the need for renewable energy solutions, serving various sectors including general fabrication, energy, heavy industries, and construction [3]. Financial Performance - In February 2023, Lincoln Electric reported a full-year sales increase of 11% to $4.19 billion, with operating margins rising by 80 basis points to 17.1% [4]. - Operating profits reached $717 million, resulting in after-tax earnings of $545 million, equating to earnings of $9.37 per share [4]. - The company has a modest net debt of $712 million, with a leverage ratio of less than 1 times [4]. Recent Developments - Following a peak share price of $260 in March, Lincoln Electric's stock has declined to $175, attributed to a slowdown in business and a nearly 6% drop in first-quarter sales [5]. - Despite the decline, adjusted operating profit margins improved to 17.5% in the first quarter, and adjusted earnings increased to $2.23 per share [5]. - The company announced the acquisition of Vanair Manufacturing, which is expected to contribute $100 million in annual sales and add 2-3% to profitable sales [5]. Current Challenges and Outlook - The current softness in sales is linked to a pause in capital spending for automation and OEMs rebalancing their powertrain platforms [6]. - Recent acquisitions are projected to add approximately $0.15 per share to annual earnings, which is crucial given the current market conditions [6]. - Despite recent revenue declines, Lincoln Electric's long-term positioning remains strong, making the stock increasingly appealing at current levels [6].

Sometimes it feels like getting through a maze trying to find new investment opportunities Floresco Productions VAL S&P 500 (*SPX) Lovel % Change 8.64% Star 500 ( 31 x) X) Level % Change (*DJA) Level % Change Nasdaq Composite (*IXIC) Level % Change 5.65% 10.36% 4.00% 0.00% -4.00% Aug 6 Aug 8 Aug 10 Aug 12 Aug 14 Aug 16 Aug 18 Aug 20 Aug 22 Seeking AlphaQ Aug 25, 2024, 3:07 AM EDT Powered by YCHARTS Data by YCharts Just when it seems like the market is going to head lower it took off in the other direction a ...

For Immediate Release Chicago, IL – August 5, 2024 – Today, Zacks Equity Research discusses Stanley Black & Decker, Inc. (SWK) and Lincoln Electric Holdings, Inc. (LECO) . Industry: Manufacturing Tools Link: https://www.zacks.com/commentary/2315124/2-manufacturing-tools-stocks-to-watch-despite-industryheadwinds Weakness in the manufacturing sector, slowdown in new orders and lingering effects of supply chain issues have marred the outlook of the Zacks Manufacturing-Tools & Related Products industry. The sho ...

Lincoln Electric Holdings, Inc. (LECO) reported adjusted earnings of $2.34 per share in the second quarter of 2024, beating the Zacks Consensus Estimate of $2.30. The bottom line decreased 4.1% year over year. Including one-time items, the bottom line was $1.77 per share compared with $2.36 in the prior-year quarter. Total revenues fell 3.7% year over year to $1.02 billion. However, the top line marginally beat the Zacks Consensus Estimate of $1.01 billion. The decline was due to a 4.4% fall in organic sale ...

Weakness in the manufacturing sector, slowdown in new orders and lingering effects of supply chain issues have marred the outlook of the Zacks Manufacturing-Tools & Related Products industry. The shortage of skilled labor in the United States is another concern for the industry. However, industry participants' focus on cost-control measures and investments in product development have been allowing them to stay competitive in the market. Stanley Black & Decker, Inc. (SWK) and Lincoln Electric Holdings, Inc. ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________ to _____________ Commission File Number: 0-1402 LINCOLN ELECTRIC HOLDINGS, INC. (Exact name of registrant as specified in its charter) Ohi ...

Lincoln Electric Holdings, Inc. (NASDAQ:LECO) Q2 2024 Earnings Conference Call July 31, 2024 10:00 AM ET Company Participants Amanda Butler - Vice President of Investor Relations & Communications Steve Hedlund - President & Chief Executive Officer Gabe Bruno - Chief Financial Officer Conference Call Participants Angel Castillo - Morgan Stanley Bryan Blair - Oppenheimer Nathan Jones - Stifel Joe Grabowski - Baird Saree Boroditsky - Jefferies Chris Dankert - Loop Capital Walt Liptak - Seaport Research Steve B ...

July 31, 2024 LINCOLN ELECTRIC HOLDINGS, INC. Q2 2024 Earnings Safe Harbor and Regulation G Disclosures Forward-Looking Statements: Statements made during this presentation which are not historical facts may be considered forward-looking statements. Forward-looking statements involve risks and uncertainties that could cause actual events or results to differ materially from those expressed or implied. Forward-looking statements generally can be identified by the use of words such as "may," "will," "expect," ...

Lincoln Electric Holdings (LECO) came out with quarterly earnings of $2.34 per share, beating the Zacks Consensus Estimate of $2.30 per share. This compares to earnings of $2.44 per share a year ago. These figures are adjusted for non-recurring items. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Empirical research shows a strong correlation between near-te ...

Exhibit 99.1 Investor Relations: Amanda Butler (216) 383-2534 Amanda_Butler@lincolnelectric.com LINCOLN ELECTRIC REPORTS SECOND QUARTER 2024 RESULTS Second Quarter 2024 Highlights CLEVELAND, Wednesday, July 31, 2024 - Lincoln Electric Holdings, Inc. (the "Company") (Nasdaq: LECO) today reported second quarter 2024 net income of $101.7 million, or diluted earnings per share (EPS) of $1.77, which includes special item after-tax net charges of $32.6 million, or $0.57 EPS. This compares with prior year period n ...