Lincoln Electric (LECO) reported a profit for fourth quarter that decreased from last year but beat the Street estimates.
The company's bottom line totaled $140.229 million, or $2.47 per share. This compares with $156.644 million, or $2.70 per share, last year.
Excluding items, Lincoln Electric reported adjusted earnings of $145.981 million or $2.57 per share for the period.
Analysts on average had expected the company to earn $1.99 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 3.4% to $1.022 billion from $1.058 billion last year.
Lincoln Electric earnings at a glance (GAAP) :
-Earnings: $140.229 Mln. vs. $156.644 Mln. last year.-EPS: $2.47 vs. $2.70 last year.-Revenue: $1.022 Bln vs. $1.058 Bln last year.
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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.