Lincoln electric reports fourth quarter and full year 2020 results

Cleveland, feb. 12, 2021 (globe newswire) -- lincoln electric holdings, inc. (the “company”) (nasdaq: leco) today reported fourth quarter 2020 net income of $65.1 million, or diluted earnings per share (eps) of $1.08, which includes special item after-tax charges of $9.9 million, or $0.16 eps. this compares with prior year period net income of $63.7 million, or $1.03 eps, which included special item after-tax charges of $7.3 million, or $0.12 eps. excluding these items, fourth quarter 2020 adjusted net income was $75.0 million, or $1.24 adjusted eps. this compares with adjusted net income of $71.0 million, or $1.15 adjusted eps in the prior year period.
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