Lincoln Electric (LECO) Reports Q4 Earnings: $2.65 EPS vs. $2.53 Forecast

Lincoln Electric Holdings Inc. (LECO) reported fourth-quarter earnings of $136 million, or $2.45 per share, with adjusted earnings of $2.65 per share, exceeding the average Zacks forecast of $2.53. Revenue for the quarter was $1.08 billion, slightly below the $1.09 billion estimate. For the year, the company posted net profit of $520.5 million, or $9.32 per share, and revenue of $4.23 billion.