Lincoln Electric Holdings, Inc. (LECO) Q3 Adj. EPS $2.98, Sales Up 15%

Lincoln Electric (LECO) reported Q3 2026 sales of $1.221 billion, up 15%, with organic growth across all segments. Earnings per share rose 19% to $2.63. Growth was driven by higher volumes and prices, with strong performance in the Americas and Asia Pacific. The company invested $41 million in growth and returned $143 million to shareholders. Automation sales reached $232 million, and the backlog hit record levels.

Lincoln Electric (LECO) reported record Q3 2026 sales and earnings, with adjusted EPS up 21% to $2.98. The company cited mid-teens organic sales growth, led by 9% volume growth, despite cost pressures. LECO raised its 2026 capex guidance to $140M-$150M, expecting low teens net sales growth.

Lincoln Electric Holdings reported Q3 2026 earnings with 9% volume growth, driven by AI data center demand. Gross profit margin compressed by 190 bps due to cost increases. Americas region saw 20% sales growth. Automation sales reached $232M. Full-year sales growth expectations raised to low teens. Dividend increased by 10% to $3.48 per share. Management expects price-cost neutrality in Q4 and mid-20% incremental margins.

Lincoln Electric Holdings reported Q3 2026 revenue of $1.22B, up 15.1% YoY, with net income of $144.35M (up 17.7%) and EPS of $2.63 (up 19%). Sales growth was driven by strong industrial demand, pricing, and acquisitions, though rising input costs pressured margins. The company plans $140M-$150M in capital spending for 2026.

Lincoln Electric (LECO) reported Q3 sales growth in automation and welding segments, with automation sales up to $232M and Americas Welding sales rising 16% to $801M. Management expects continued growth, driven by strong orders and backlog. The company introduced new AI technology, XpertLINC, and raised its annual dividend by 10%. Full-year net-sales growth outlook was increased to low-teens percentage range.

Lincoln Electric reported Q3 sales growth of 15.1% to $1.22B, with organic volume as the main driver. Gross margin fell to 34.8% from 36.7%, while net income rose to $144.3M, and EPS increased to $2.63. Operating margin improved to 17.3% of sales. The company declared a $0.87 quarterly dividend, payable in January 2027.