Lincoln Electric reports Q1 adjusted EPS $2.16, consensus $2.23

Reports Q1 revenue $1B, consensus $979.96M. “We continued to execute well in the quarter with solid core operating results,” said Steven Hedlund, chair, president and CEO. “We are continuing to invest in the business and are focused on integrating our acquisitions to expand growth and margin performance, while diligently managing costs and maintaining a cautious posture during this portion of the cycle.” Hedlund concluded, “Our action plans, strong balance sheet and record cash flow generation position us well to navigate this dynamic period and continue to generate long-term value for our shareholders.”