Lincoln Electric Holdings, Inc. Provides Consolidated Earnings Guidance for the Second Quarter of 2024
April 25, 2024 at 10:00 am EDT
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Lincoln Electric Holdings, Inc. provided consolidated earnings guidance for the second quarter of 2024. For the quarter, the company expects organic sales to trend flat to up on a consolidated basis primarily from improved performance in the Americas Welding and Harris Products Group segment. The company also anticipates continued strong EPS performance on a consolidated basis through the balance of the year.
Lincoln Electric Holdings, Inc. is a manufacturer of welding, cutting and brazing products. The Company operates through three segments: Americas Welding, International Welding, and the Harris Products Group. The Americas Welding segment includes welding operations in North and South America. The International Welding segment includes welding operations in Europe, Africa, Asia, and Australia. The Harris Products Group includes the Companyâs global cutting, soldering and brazing businesses, specialty gas equipment, as well as the retail business in the United States. The Companyâs products include arc welding, brazing and soldering filler metals (consumables), arc welding equipment, plasma and oxyfuel cutting systems, wire feeding systems, fume control equipment, welding accessories, specialty gas regulators, and education solutions; as well as a comprehensive portfolio of automated solutions for joining, cutting, material handling, module assembly, and end of line testing.