HOUSE TI g 1 local of H The Property I NAME AND PLANE I 1 t I I 1 t IF H - 1981 krblokhin I presented my 'Buy' thesis for Linde (NASDAQ:LIN) in March 2024, highlighting their double-digit EPS growth and effective cost management. Linde released its Q2 result on August 2nd, reporting 3% growth in underlying revenue and 6% growth in adjusted operating profits, guiding 9%-11% EPS growth for FY24. The guidance reaffirmed my analysis of the potential for double-digit earnings growth. Linde has demonstrated stron ...

For Immediate Releases Chicago, IL – August 26, 2024 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Costco Wholesale Corp. (COST) , Merck & Co., Inc. (MRK) , Linde plc (LIN) , Hamilton Beach Brands Holding Co. (HBB) and Armanino Foods of Distinction, Inc. (AMNF) . Here are highlights from Monday's Analyst Blog: Top A ...

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 ...

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 ...

Company Performance - Linde reported quarterly earnings of $3.85 per share, exceeding the Zacks Consensus Estimate of $3.79 per share, and up from $3.57 per share a year ago, representing an earnings surprise of 1.58% [1] - The company posted revenues of $8.27 billion for the quarter ended June 2024, which was a 0.80% miss compared to the Zacks Consensus Estimate, and slightly up from $8.2 billion year-over-year [2] - Over the last four quarters, Linde has surpassed consensus EPS estimates four times but has only topped consensus revenue estimates once [2] Stock Outlook - Linde shares have increased approximately 10.4% since the beginning of the year, while the S&P 500 has gained 14.2% [3] - The current consensus EPS estimate for the upcoming quarter is $3.95 on revenues of $8.52 billion, and for the current fiscal year, it is $15.49 on revenues of $33.73 billion [7] - The estimate revisions trend for Linde is currently unfavorable, resulting in a Zacks Rank 4 (Sell), indicating expected underperformance in the near future [6] Industry Context - The Chemical - Specialty industry, to which Linde belongs, is currently in the top 33% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]

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 ...

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 ...