Lincoln Electric (LECO) Q2 Earnings Beat, Revenues Dip Y/Y

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 ...