Core Insights - Analysts forecast Linde's quarterly earnings per share (EPS) to be $3.81, reflecting a year-over-year increase of 6.7% [4] - Projected revenues for Linde are expected to reach $8.33 billion, which is a 1.6% increase from the same quarter last year [4] - Linde's shares have shown a return of +4.9% over the past month, outperforming the Zacks S&P 500 composite's +0.1% change [4] Sales Estimates - 'Sales- Americas' is projected to reach $3.62 billion, indicating a year-over-year change of +2.2% [2] - 'Sales- EMEA' is expected to be $2.15 billion, reflecting a year-over-year decline of -0.5% [6] - 'Sales- Engineering' is forecasted to be $540.07 million, showing a year-over-year increase of +9.1% [7] - 'Sales- APAC' is estimated to reach $1.71 billion, indicating a change of +1.3% from the prior-year quarter [13] - 'Sales- Other' is expected to be $328.58 million, reflecting a change of +1.1% from the prior-year quarter [11] Operating Profit Estimates - 'Operating profit- Engineering' is projected to be $86.19 million, down from $107 million reported in the same quarter last year [3] - 'Operating profit- APAC' is expected to be $477.75 million, slightly up from $472 million in the previous year [8] - 'Operating Profit- EMEA' is forecasted to reach $695.64 million, compared to $630 million reported in the same quarter last year [12] - 'Operating Profit- Americas' is estimated at $1.11 billion, up from $1.07 billion in the same quarter last year [14] - 'Operating Profit- Other' is projected to be $10.49 million, compared to $7 million in the same quarter last year [15] Earnings Projections - The consensus EPS estimate has undergone a downward revision of 0.1% in the past 30 days [9] - Changes in earnings projections are crucial for predicting investor reactions to the stock [5] - Analysts emphasize that understanding key metrics beyond consensus estimates provides a more comprehensive view of business performance [10]

The market expects Linde (LIN) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price c ...

Core Insights - The article emphasizes Linde (LIN) as the top investment choice in the Materials sector due to its superior total return performance over the past five and ten years compared to its peers, particularly Air Products and Chemicals (APD) [10][17]. Dividend Analysis - Just over 20% of global Materials companies pay dividends, with closer to 30% in the U.S. [3] - The screening criteria for selecting dividend-paying companies include a minimum of five years of increasing dividends, a five-year dividend growth rate (CAGR) of at least 7%, and a dividend yield of at least 1% [3]. - Linde has a dividend yield of 1.3% with a five-year CAGR of 13.9%, while APD has a higher yield of 2.8% but a lower CAGR of 9.3% [12]. Profitability Metrics - Key profitability metrics analyzed include Net Income Margin (NIM) and Return on Invested Capital (ROIC), with Linde showing a NIM of 12.8% and a ROIC of 3% over the last five years [14][15]. - Linde's total return over the last ten years is 296%, significantly outperforming APD's 171% [14]. Business Model Strengths - Linde operates in the industrial gas industry, supplying a variety of gases to diverse sectors such as chemicals, energy, and healthcare [7]. - The company benefits from consistent demand, a leasing business model, long-term contracts, and an integrated supply chain, which enhances margins [7][10]. Valuation Insights - Linde's valuation metrics, including P/E and EV/EBITDA, indicate it is trading at a premium compared to historical averages, suggesting it may not be the best time to initiate a position [8][18]. - The current P/E GAAP for Linde is 33.8%, while APD's is 43.1%, indicating Linde is relatively more attractively priced [15]. Investment Recommendation - While Linde is recommended as a top pick in the Materials sector, investors are advised to consider waiting for a more favorable valuation before entering a position [17][18].

Energy stocks have been many investors' favorites for a long time. The energy sector has various smaller industries and companies, such as oil, natural gas, coal, alternative energy, and many more. However, as our society grows more conscious of climate change and its devastating effects on our environment and nature, consumers and the government have been pushing more for clean energy sources. Sunrun (RUN) Source: T. Schneider / Shutterstock.com Sunrun (NASDAQ:RUN) is an American photovoltaic cell and syst ...

Visiongain has published a new report entitled Hydrogen Infrastructure Market Report 2024-2034: Forecasts by Size (Small/Mid-Scale Infrastructure, Large Scale Infrastructure), by Purity (High Purity Hydrogen (99.999%), Medium Purity Hydrogen (95-99%), Low Purity Hydrogen (Below 95%)), by Component (Electrolysers, Hydrogen Tanks, Pipelines, Hydrogen Dispensers), by Type (Hydrogen Production Facilities, Hydrogen Storage Facilities, Hydrogen Transportation Infrastructure, Hydrogen Refuelling Stations, Other) A ...

Companies operating in the materials space provide a lifeline to a variety of industrial businesses. Materials companies typically develop chemicals and manufacture construction materials as well as paper products. High interest rates, brought upon by persistent inflationary pressures, have broadly taken a toll on revenue growth and profit margins of material stocks. In particular, elevated rates have disincentivized spending on new automobiles and made construction companies and their real estate investmen ...

GES Announces Promotion of Derek P Linde to GES President LAS VEGAS, June 3, 2024 /PRNewswire/ -- Global Experience Specialists (GES), a global experiential marketing and logistics partner for the exhibition and live events industry, has announced the promotion of Derek P. Linde to GES President, in addition to his existing role as Viad's Chief Operating Officer, effective June 3, 2024. Derek P. Linde, GES PresidentDerek P. Linde, GES President Steve Moster, president and chief executive officer of Viad, sa ...

Linde plc (LIN) reported first-quarter 2024 adjusted earnings of $3.75 per share, surpassing the Zacks Consensus Estimate of $3.68. The bottom line improved from the year-ago quarter figure of $3.42.Total quarterly revenues of $8.1 billion missed the consensus estimate of $8.4 billion and decreased from the year-ago quarter’s $8.2 billion.The solid quarterly earnings were driven by higher pricing from the Americas segment. This was offset partially by lower contributions from the Engineering business unit.S ...

For the quarter ended March 2024, Linde (LIN) reported revenue of $8.1 billion, down 1.1% over the same period last year. EPS came in at $3.75, compared to $3.42 in the year-ago quarter.The reported revenue represents a surprise of -3.08% over the Zacks Consensus Estimate of $8.36 billion. With the consensus EPS estimate being $3.68, the EPS surprise was +1.90%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations ...

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 March 31, 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 001-38730 LINDE PLC (Exact name of registrant as specified in its charter) | Ireland | 98-1448883 | | --- | --- | | (State or ...