Lincoln Electric Holdings (LECO) Misses Q1 Earnings Estimates

Lincoln Electric Holdings (LECO) came out with quarterly earnings of $2.16 per share, missing the Zacks Consensus Estimate of $2.22 per share. This compares to earnings of $2.23 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -2.70%. A quarter ago, it was expected that this manufacturer of specialized welding products and other equipment would post earnings of $2 per share when it actually produced earnings of $2.57, deliverin ...