Lincoln Electric's (LECO) first-quarter earnings and sales both declined on a year-over-year basis on account of low demand due to the coronavirus impact and weak industrial sector.
Lincoln Electric Holdings, Inc. (the “Company”) (LECO) announced today that George D. Blankenship, Executive Vice President, President Americas Welding segment is retiring effective May 31, 2020. Christopher L. Mapes, Chairman, President and Chief Executive Officer, will oversee the Americas Welding organization until an internal successor to Blankenship is named. Blankenship joined Lincoln Electric in 1985 as an engineering trainee and held various engineering and product development management positions until 2009, when he was promoted to Senior Vice President and President North America.
CLEVELAND, April 06, 2020 -- Lincoln Electric Holdings, Inc., (the “Company”) (Nasdaq: LECO) announced today that it will release its first quarter 2020 results on Monday,.
Investors in Lincoln Electric Holdings, Inc. (NASDAQ:LECO) had a good week, as its shares rose 9.6% to close at...
Joining me on the call today is Chris Mapes, Lincoln's Chairman, President and Chief Executive Officer; Vince Petrella, Executive Vice President; and Gabe Bruno, our Chief Financial Officer. Chris will begin the discussion with an overview of our first quarter results, and together with Vince, will discuss Lincoln's management of COVID-19.
Let's see how Amcor (AMCR), Packaging Corporation (PKG) and Lincoln Electric (LECO) are expected to fare this earnings season despite the coronavirus woes.
Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]
Lincoln Electric Holdings, Inc. (NASDAQ:LECO) stock is about to trade ex-dividend in 3 days time. If you purchase the...
NEW YORK, NY / ACCESSWIRE / April 27, 2020 / Lincoln Electric Holdings, Inc. (NASDAQ:LECO) will be discussing their earnings results in their 2020 First Quarter Earnings call to be held on April 27, 2020 ...
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...
CLEVELAND, April 21, 2020 -- Lincoln Electric Holdings, Inc., (Nasdaq: LECO) announced today that its Board of Directors has declared a quarterly cash dividend of $0.49 per.
Q1 2020 Lincoln Electric Holdings Inc Earnings Call
Lincoln Electric (LECO) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Coronavirus Dims Manufacturing Tools Stocks' Near-Term Outlook
Shares of Lincoln Electric Holdings (NASDAQ:LECO) were unchanged at $76.03 in pre-market trading after the company reported Q1 results.Quarterly Results Earnings per share were down 14.53% over the past year to $1.00, which missed the estimate of $1.01.Revenue of $702,000,000 lower by 7.53% from the same period last year, which missed the estimate of $712,100,000.Outlook Lincoln Electric Holdings hasn't issued any earnings guidance for the time being.Revenue guidance hasn't been issued by the company for now.Conference Call Details Date: Apr 27, 2020View more earnings on LECOTime: 10:03 AM ETWebcast URL: https://edge.media-server.com/mmc/p/tmy2bsjaTechnicals 52-week high: $98.32Company's 52-week low was at $59.30Price action over last quarter: down 17.88%Company Profile Lincoln Electric is a leading manufacturer of welding, cutting, and brazing products. The firm's portfolio of products includes arc-welding solutions, plasma and oxy-fuel cutting systems, and brazing and soldering alloys, as well as automation solutions. Lincoln Electric serves clients in the general fabrication, heavy industries, automotive, construction, shipbuilding, energy and process industries, among other end markets. Based in Cleveland, Ohio, Lincoln Electric has operations in 19 countries and has 11,000 employees worldwide. The company generated roughly $3 billion in sales and nearly $400 million in adjusted operating income in 2019.See more from Benzinga * 12 Technology Stocks Moving In Monday's Pre-Market Session * CMS Energy: Q1 Earnings Insights * 5 Consumer Defensive Stocks Moving In Monday's Pre-Market Session(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Does the April share price for Lincoln Electric Holdings, Inc. (NASDAQ:LECO) reflect what it's really worth? Today, we...
Lincoln Electric (LECO) delivered earnings and revenue surprises of 0.00% and -1.37%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Ford suspends dividend payments as coronavirus outbreak cripples plant operations Continue reading...
Lincoln Electric's (LECO) cost management actions, which include lower work hours, less overtime, suspension of new hiring and cutting down discretionary spending, will help sustain margins.
First Quarter 2020 Highlights • Operating as an “essential business” (1) in substantially all locations to serve customers • Implemented best practice hygiene and safety.