Lincoln electric reports second quarter 2023 results

Cleveland, july 27, 2023 (globe newswire) -- lincoln electric holdings, inc. (the “company”) (nasdaq: leco) today reported second quarter 2023 net income of $137.3 million, or diluted earnings per share (eps) of $2.36, which includes special item after-tax net charges of $4.9 million, or $0.08 eps. this compares with prior year period net income of $127.8 million, or $2.18 eps, which included special item after-tax net charges of $0.4 million. excluding special items, second quarter 2023 adjusted net income was $142.2 million, or $2.44 adjusted eps. this compares with adjusted net income of $128.2 million, or $2.18 adjusted eps, in the prior year period.
LECO Ratings Summary
LECO Quant Ranking