Lincoln Electric Holdings Inc

LECO: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$143.00	Gbpslhv	Pplkytkq

Lincoln Electric Earnings: Full-Year Outlook Maintained After Solid Quarter

Krzysztof Smalec

Jul 28, 2023

Narrow-moat-rated Lincoln Electric reported solid second-quarter results, featuring a 12% year-over-year increase in adjusted EPS, from $2.18 to $2.44. We’ve raised our fair value estimate to $171 from $159, which reflects our more optimistic revenue growth and operating margin projections as well as time value of money.

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