Lincoln electric reports second quarter 2022 results

Cleveland, july 28, 2022 (globe newswire) -- lincoln electric holdings, inc. (the “company”) (nasdaq: leco) today reported second quarter 2022 net income of $127.8 million, or diluted earnings per share (eps) of $2.18, which includes special item after-tax net charges of $0.4 million. this compares with prior year period net income of $96.1 million, or $1.60 eps, which included special item after-tax charges of $4.5 million, or $0.07 eps. excluding these items, second quarter 2022 adjusted net income was $128.2 million, or $2.18 adjusted eps. this compares with adjusted net income of $100.6 million, or $1.67 adjusted eps, in the prior year period.
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