Lincoln Electric reports Q1 adjusted EPS $2.50, consensus $2.43

Reports Q1 revenue $1.121B, consensus $1.07B. “We achieved solid first quarter performance driven by disciplined cost management and improving industrial activity in the Americas,” said Steven B. Hedlund, Chairman and Chief Executive Officer. “Our team remains agile as we navigate evolving operating conditions and advance our new long-term RISE strategy. We are well positioned to capitalize on growth opportunities, increase profitability and compound earnings from our strategic initiatives and our capital allocation strategy,” Hedlund concluded.