Lincoln electric posts q1 eps of $0.91

Lincoln electric reports first quarter 2020 results.q1 adjusted earnings per share $1.00 excluding items.q1 earnings per share $0.91.q1 earnings per share estimate $1.00 -- refinitiv ibes data.q1 sales $702 million versus refinitiv ibes estimate of $712.1 million.expanded our cost reduction initiatives.lincoln electric - expect new cost reduction measures and earlier actions, to now generate $40-$45 million in realized cost savings in 2020.expect demand to trough in q2.
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