Ahead of Lincoln Electric (LECO) Q4 Earnings: Get Ready With Wall Street Estimates for Key Metrics

Core Viewpoint - Wall Street analysts anticipate Lincoln Electric Holdings (LECO) to report quarterly earnings of $2.53 per share, reflecting a year-over-year decline of 1.6%, while revenues are expected to reach $1.09 billion, marking a 6.5% increase from the previous year [1]. Earnings Estimates - The consensus EPS estimate has been revised upward by 0.6% in the past 30 days, indicating a reassessment of initial estimates by covering analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, with empirical studies showing a strong correlation between earnings estimate revisions and short-term stock performance [3]. Revenue and Sales Projections - Analysts project 'Net Sales- The Harris Products Group' to reach $135.44 million, indicating a 9% increase year-over-year, while 'Total Sales- The Harris Products Group' is expected to be $139.47 million, reflecting a 9.8% change [5]. - 'Total Sales- International Welding' is estimated at $259.81 million, a 2.2% increase from the prior year, with 'Net Sales- International Welding' projected at $253.68 million, showing a 4.4% year-over-year change [6]. - The consensus for 'Total Sales- Americas Welding' is $728.31 million, indicating a 5.3% increase from the previous year [6]. Segment Sales and EBIT Estimates - 'Net Sales- Americas Welding' is estimated at $694.31 million, reflecting a 6% increase year-over-year, while 'Inter-segment sales- International Welding' is expected to be $10.51 million, indicating a decline of 6.5% [7]. - 'Inter-segment sales- Americas Welding' is projected at $38.63 million, a 4% increase from the year-ago quarter [8]. - 'Adjusted EBIT- Americas Welding' is expected to be $139.00 million, compared to $131.92 million reported in the same quarter last year [8]. - 'Adjusted EBIT- International Welding' is anticipated at $32.89 million, slightly up from $32.53 million year-over-year, while 'Adjusted EBIT- The Harris Products Group' is projected at $24.08 million, compared to $21.57 million last year [9]. Stock Performance - Over the past month, shares of Lincoln Electric have returned +18.3%, contrasting with the Zacks S&P 500 composite's unchanged performance [9].