Lincoln Electric Holdings (LECO) Q4 Earnings and Revenues Surpass Estimates

Company Performance - Lincoln Electric Holdings (LECO) reported quarterly earnings of $2.57 per share, exceeding the Zacks Consensus Estimate of $2 per share, and up from $2.45 per share a year ago, adjusted for non-recurring items [1] - The earnings surprise for this quarter was 28.50%, following a previous quarter where earnings were $2.14 against an expectation of $2.05, resulting in a surprise of 4.39% [2] - The company achieved revenues of $1.02 billion for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 2.62%, although this represents a decline from year-ago revenues of $1.06 billion [3] Market Outlook - Lincoln Electric shares have increased approximately 3.5% since the beginning of the year, outperforming the S&P 500's gain of 2.9% [4] - The company's earnings outlook is mixed, with current consensus EPS estimates for the upcoming quarter at $2.11 on revenues of $982.75 million, and for the current fiscal year at $9.21 on revenues of $4.09 billion [8] Industry Context - The Manufacturing - Tools & Related Products industry, to which Lincoln Electric belongs, is currently ranked in the bottom 25% of over 250 Zacks industries, indicating potential challenges ahead [9]