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Lincoln Electric Holdings Q1 adjusted net income $75.0 million, $1.17 per share

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Christian Fernsby |
Lincoln Electric
Lincoln Electric Holdings   Analysts expected the company to report profit per share of $1.22

Lincoln Electric Holdings reported first-quarter adjusted net income of $75.0 million, or $1.17 per share compared to $73.3 million, or $1.10 per share, last year.

Analysts polled by Thomson Reuters expected the company to report profit per share of $1.22 for the quarter.

Analysts' estimates typically exclude special items.

First-quarter sales increased 0.2% to $759.2 million with a 0.9% increase in organic sales.

Analysts expected revenue of $767.35 million for the quarter.


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