Lincoln Electric Holdings Inc.(LECO) reported that net income for the first quarter 2012 was $64.2 million, or $0.76 per share, up from $46.9 million, or $0.55 per share, in the first quarter 2011. Adjusted net income for 2012 increased to $64.2 million, or $0.76 per share, from $42.3 million, or $0.50 per share, in 2011
Sales were $727.1 million in the first quarter 2012 versus $599.2 million in the comparable 2011 period, an increase of 21.4%.
Analysts polled by Thomson Reuters expected the company to report earnings of $0.66 per share on revenues of $702.25 million for the quarter. Analysts' estimates typically exclude special items.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.