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Why Lincoln Electrical Stock Sputtered by 4% Today
Lincoln Electric (NASDAQ: LECO) investors were hoping Wednesday that their company's first quarterly earnings report of 2025 wouldn't be indicative of how the rest of the year would go. The welding-products maker missed on the consensus analyst profitability estimate, and the market punished it by sending its stock to a more than 4% loss in price. The S&P 500 index (SNPINDEX: ^GSPC), meanwhile, rose almost 0.2% on the day.For the quarter, Lincoln Electric's net sales were slightly over $1 billion, for a 2% improvement on a year-over-year basis. That figure was also high enough to top the average pundit projection, which was slightly below $976 million.The dynamics were different on the bottom line. Lincoln Electric's non-GAAP (adjusted) net income fell to just under $122 million, or $2.16 per share, from a year-ago profit of almost $129 million. However, the analysts tracking the company's stock were collectively expecting $2.24. Continue reading
Lincoln Electric (NASDAQ: LECO) investors were hoping Wednesday that their company's first quarterly earnings report of 2025 wouldn't be indicative of how the rest of the year would go. The welding-products maker missed on the consensus analyst profitability estimate, and the market punished it by sending its stock to a more than 4% loss in price. The S&P 500 index (SNPINDEX: ^GSPC), meanwhile, rose almost 0.2% on the day.
For the quarter, Lincoln Electric's net sales were slightly over $1 billion, for a 2% improvement on a year-over-year basis. That figure was also high enough to top the average pundit projection, which was slightly below $976 million.
The dynamics were different on the bottom line. Lincoln Electric's non-GAAP (adjusted) net income fell to just under $122 million, or $2.16 per share, from a year-ago profit of almost $129 million. However, the analysts tracking the company's stock were collectively expecting $2.24.
