Linde Earnings: Short-Term Margin Headwinds Create Buying Opportunity in Industrial Gas Giant
Linde's second-quarter adjusted earnings per share of $4.50 came in a penny above FactSet consensus expectations. Despite the earnings beat, the stock was down 5% on July 31 as the updated full-year adjusted EPS guidance midpoint of $17.80 fell short of the $17.93 consensus estimate.