Lincoln Electric Q1 EPS rises to record $2.14 as sales fall 5.6% to $981 million
Lincoln Electric reported first quarter 2024 results on April 25, 2024. Diluted EPS rose to $2.14 from $2.09 and net income rose to $123.4 million, but net sales fell 5.6% to $981 million, with organic sales down 6.1%. The filing does not include updated guidance.
Key points
- Diluted EPS of $2.14 vs. $2.09 a year earlier; adjusted EPS of $2.23 vs. $2.13
- Net sales of $981 million, down 5.6% from $1,039 million; organic sales down 6.1%
- Operating income margin of 16.8% vs. 15.8%; cash from operations rose 8% to $133 million
- Returned $152 million to shareholders through dividends and share repurchases
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:11 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 25, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.