Benzinga | Jul 27, 2020 07:32AM EDT

Lincoln Electric Holdings Q2 EPS $0.80 Beats $0.34 Estimate, Sales $590.70M Beat $549.36M Estimate

Lincoln Electric Holdings (NASDAQ:LECO) reported quarterly earnings of $0.80 per share which beat the analyst consensus estimate of $0.34 by 135.29 percent. This is a 37.5 percent decrease over earnings of $1.28 per share from the same period last year. The company reported quarterly sales of $590.70 million which beat the analyst consensus estimate of $549.36 million by 7.53 percent. This is a 23.98 percent decrease over sales of $777.01 million the same period last year.