Linde Expects Q3 Adjusted EPS Of $3.82 - $3.92, Est $3.95
Portfolio Pulse from Benzinga Newsdesk
Linde expects Q3 adjusted EPS to be between $3.82 and $3.92, slightly below the estimated $3.95. This represents a growth of 5% to 8% compared to the prior-year quarter, or 6% to 9% when excluding a 1% estimated currency headwind.
August 02, 2024 | 10:16 am
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Linde's Q3 adjusted EPS forecast of $3.82-$3.92 is slightly below the $3.95 estimate, indicating potential investor concern. However, the company still shows solid growth of 5%-8% YoY, or 6%-9% excluding currency headwind.
The slight miss on EPS estimates may cause short-term negative sentiment among investors. However, the solid growth figures could mitigate some of the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100