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Stock impact report

Lincoln Electric Reports Third Quarter 2019 Results

Lincoln Electric Holdings, Inc. - Common Shares (LECO) 
Last lincoln electric holdings, inc. - common shares earnings: 4/27 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: ir.lincolnelectric.com
Company Research Source: GlobeNewswire
Third Quarter 2019 Highlights     Q3 EPS increases 9.3% to $1.17, Adjusted EPS decreases 9.9% to $1.09     ROIC increases 170 basis points to 21.0%     Cash flow from operations increases 21% to $129 million and achieved 165% cash conversion (1)     $90 million returned to shareholders through dividends and share repurchases   (1)   Cash conversion is defined as Net cash provided by operating activities less Capital expenditures divided by Adjusted net income. CLEVELAND, Oct. 30, 2019 (GLOBE NEWSWIRE) --  Lincoln Electric Holdings, Inc. (the “Company”) (Nasdaq: LECO) today reported third quarter 2019 net income of $72.5 million, or diluted earnings per share (EPS) of $1.17, which includes special item after-tax net benefits of $4.8 million, or $0.08 EPS. This compares with prior year net income of $70.5 million, or $1.07 EPS, which included special item after-tax charges of $8.9 million, or $0.14 EPS.  Excluding these items, third quarter 2019 adjusted net income was $67.7 mill Show less Read more
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