Linde plc (LIN) saw a decline of 1.7% amid a broader market sell-off due to concerns about the U.S. economy despite reporting strong quarterly earnings on Aug 2. The leading industrial gas producer's second-quarter 2024 adjusted earnings were $3.85 per share, surpassing the Zacks Consensus Estimate of $3.79. The bottom line improved from the year-ago quarter's profit of $3.57. Total quarterly revenues of $8.27 billion marginally missed the Zacks Consensus Estimate of $8.3 billion but improved from the year- ...

Linde plc (NASDAQ:LIN) Q2 2024 Earnings Conference Call August 2, 2024 9:00 AM ET Company Participants Juan Pelaez - Head of Investor Relations Sanjiv Lamba - Chief Executive Officer Matt White - Chief Financial Officer Conference Call Participants Michael Leithead - Barclays David Begleiter - Deutsche Bank Duffy Fischer - Goldman Sachs Peter Clark - Bernstein Vincent Andrews - Morgan Stanley Laurent Favre - BNP Steve Byrne - Bank of America Mike Sison - Wells Fargo Josh Spector - UBS Jeff Zekauskas - JPMor ...

Table of Contents Title of each class Trading symbol(s) Name of each exchange on which registered Ordinary shares (€0.001 nominal value per share) LIN NASDAQ 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 Commissio ...

Linde (LIN) reported $8.27 billion in revenue for the quarter ended June 2024, representing a year-over-year increase of 0.8%. EPS of $3.85 for the same period compares to $3.57 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $8.33 billion, representing a surprise of -0.80%. The company delivered an EPS surprise of +1.58%, with the consensus EPS estimate being $3.79. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expe ...

Linde plc (LIN) reported second-quarter 2024 adjusted earnings of $3.85 per share, which surpassed the Zacks Consensus Estimate of $3.79. The bottom line improved from the year-ago quarter's figure of $3.57. Total quarterly revenues of $8.27 billion missed the Zacks Consensus Estimate of $8.33 billion. However, the top line increased from the year-ago quarter's $8.20 billion. The solid quarterly earnings were driven by higher pricing from the Americas segment, offset partially by lower contributions from th ...

Linde (LIN) came out with quarterly earnings of $3.85 per share, beating the Zacks Consensus Estimate of $3.79 per share. This compares to earnings of $3.57 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 1.58%. A quarter ago, it was expected that this gas supplier would post earnings of $3.68 per share when it actually produced earnings of $3.75, delivering a surprise of 1.90%. Over the last four quarters, the company has sur ...

EX-99.1 2 linde_ex991.htm PRESS RELEASE EXHIBIT 99.1 Making our world more productive Linde Reports Second-Quarter 2024 Results Second-Quarter Highlights ➢ Sales $8.3 billion, up 1%, underlying sales up 3% ➢ Operating profit $2.2 billion, adjusted operating profit $2.4 billion, up 6% ➢ Operating profit margin 26.4%; adjusted operating profit margin 29.3%, up 140 basis points ➢ EPS $3.44, up 8%; adjusted EPS $3.85, up 8% YoY ➢ Full-year 2024 adjusted EPS guidance of $15.40 - $15.60 representing 9% to 11% gro ...

In light of this perspective, let's dive into the average estimates of certain Linde metrics that are commonly tracked and forecasted by Wall Street analysts. Analysts forecast 'Sales- Americas' to reach $3.62 billion. The estimate points to a change of +2.2% from the year-ago quarter. Analysts' assessment points toward 'Operating profit- Engineering' reaching $86.19 million. Compared to the present estimate, the company reported $107 million in the same quarter last year. Over the past month, Linde shares ...

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 ...

The Materials Sector and Dividends WilliamSherman Just over 20% of the companies in Materials worldwide (closer to 30% for those in the U.S.) pay a dividend. To narrow the pool, I start with my usual screening filters: 1. Years of increasing dividends - minimum five years of growth 2. Five-year dividend growth rate - minimum CAGR of 7% 3. Dividend Yield - minimum 1% 4. Dividend Payout ratio - maximum 60% 5. Three-year revenue growth - minimum CAGR of 5% 6. Three-year EPS growth - minimum CAGR of 7% 7. Overa ...