Linde shares are trading lower after the company reported Q3 financial results and issued Q4 and FY24 adjusted EPS guidance below estimates.
Portfolio Pulse from Benzinga Newsdesk
Linde's shares are declining following the release of its Q3 financial results, which included Q4 and FY24 adjusted EPS guidance that fell short of expectations.
October 31, 2024 | 11:36 am
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NEGATIVE IMPACT
Linde's stock is experiencing a decline due to the company's Q3 financial results and future EPS guidance not meeting market expectations.
The company's Q3 results and future guidance are critical indicators for investors. The fact that both fell short of expectations suggests potential challenges ahead, leading to a negative market reaction and a likely short-term decline in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100