Lincoln Electric Q3 Profit Rises - Quick Facts

(RTTNews) - Lincoln Electric Holdings, Inc. (LECO) reported third-quarter net income of $66.0 million, or $0.80 per share, compared to $64.8 million, or $0.77 per share, last year. Adjusted net income was $71.1 million, or $0.86 per share, for the quarter.

On average, ten analysts polled by Thomson Reuters expected the company to report profit per share of $0.84 for the quarter. Analysts' estimates typically exclude special items.

Sales were $691.9 million, compared to $697.6 million, a decrease of 0.8%. Analysts expected revenue of $702.61 million for the quarter.