Lincoln electric reports second quarter 2021 results

Cleveland, july 27, 2021 (globe newswire) -- lincoln electric holdings, inc. (the “company”) (nasdaq: leco) today reported second quarter 2021 net income of $96.1 million, or diluted earnings per share (eps) of $1.60, which includes special item after-tax charges of $4.5 million, or $0.07 eps. this compares with prior year period net income of $27.0 million, or $0.45 eps, which included special item after-tax charges of $21.0 million, or $0.35 eps. excluding these items, second quarter 2021 adjusted net income was $100.6 million, or $1.67 adjusted eps. this compares with adjusted net income of $48.0 million, or $0.80 adjusted eps in the prior year period.
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