Coming Soon: Lincoln Electric Holdings Earnings

Lincoln Electric Holdings (NAS: LECO) is expected to report Q2 earnings on July 29. Here's what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Lincoln Electric Holdings's revenues will expand 1.8% and EPS will expand 9.9%.

The average estimate for revenue is $757.3 million. On the bottom line, the average EPS estimate is $0.89.


Revenue details
Last quarter, Lincoln Electric Holdings tallied revenue of $718.6 million. GAAP reported sales were 1.2% lower than the prior-year quarter's $727.1 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, non-GAAP EPS came in at $0.92. GAAP EPS of $0.80 for Q1 were 5.3% higher than the prior-year quarter's $0.76 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 31.8%, 220 basis points better than the prior-year quarter. Operating margin was 13.8%, 120 basis points better than the prior-year quarter. Net margin was 9.3%, 50 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $2.93 billion. The average EPS estimate is $3.51.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 385 members out of 392 rating the stock outperform, and seven members rating it underperform. Among 150 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 150 give Lincoln Electric Holdings a green thumbs-up, and give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Lincoln Electric Holdings is hold, with an average price target of $59.80.

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The article Coming Soon: Lincoln Electric Holdings Earnings originally appeared on Fool.com.

Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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