Earnings ·
Lincoln Electric reports Q3 EPS of $2.63, raises quarterly dividend to $0.87 per share
LECOLincoln Electric Holdings Inc
Lincoln Electric Holdings reported third-quarter net income of $144.3 million, or diluted earnings per share of $2.63, up 19% from the prior year period. Net sales increased 15.1% to $1,221.3 million, driven by a 14.5% rise in organic sales. The company also declared a quarterly cash dividend of $0.87 per share, payable on January 15, 2027, to shareholders of record as of December 31, 2026. Lincoln Electric is an industrial machinery and technology leader specializing in welding, cutting, brazing, and automation solutions.