Linde Q2 Adj. EPS $3.57 Beats $3.47 Estimate, Sales $8.20B Miss $8.68B Estimate
Portfolio Pulse from Bill Haddad
Linde (NYSE:LIN) reported Q2 earnings of $3.57 per share, beating the analyst consensus estimate of $3.47 by 2.88%. This is a 15.16% increase from the same period last year. However, the company's quarterly sales of $8.20 billion missed the analyst consensus estimate of $8.68 billion by 5.53%, a 3.04% decrease from the same period last year.
July 27, 2023 | 10:22 am
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Linde's Q2 earnings beat estimates but sales fell short. This mixed result could lead to uncertainty in the market.
Linde's earnings per share beat estimates, which is positive for the stock. However, the company's sales missed estimates, which is negative. The mixed results could lead to uncertainty in the market, potentially impacting the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100