Linde Q4 Adj. EPS $3.59 Beats $3.49 Estimate, Sales $8.30B Beat $8.06B Estimate
Portfolio Pulse from Benzinga Newsdesk
Linde (NYSE:LIN) reported Q4 adjusted EPS of $3.59, surpassing the $3.49 estimate, marking a 13.61% year-over-year increase. Quarterly sales reached $8.30B, exceeding the $8.06B estimate, up 5.10% from the previous year.
February 06, 2024 | 11:01 am
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POSITIVE IMPACT
Linde's Q4 earnings and sales exceeded analyst expectations, indicating strong financial performance and potential positive market response.
Beating both earnings and sales estimates typically leads to positive investor sentiment and can result in a short-term stock price increase. Linde's significant year-over-year growth in both metrics further strengthens the case for a positive market response.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100