Linde Expects Q4 Adj EPS Of $3.86 - $3.96, Est $4.02
Portfolio Pulse from Benzinga Newsdesk
Linde has announced its expected Q4 adjusted EPS to be between $3.86 and $3.96, which is below the estimated $4.02.
October 31, 2024 | 9:53 am
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NEGATIVE IMPACT
Linde's projected Q4 adjusted EPS of $3.86 to $3.96 is below the market estimate of $4.02, which may lead to a negative short-term impact on its stock price.
The announcement of Linde's Q4 adjusted EPS being below market expectations suggests potential investor disappointment, which could lead to a short-term decline in stock price. The earnings miss is a significant factor for investors, hence the high relevance and importance scores.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100