Lincoln Electric Ahead of Earnings

Published on Monday, 26 July 2010 11:24 Written by Christian Paolinetti

New York, July 26th (TradersHuddle.com) - Shares of Lincoln Electric Holdings, Inc. (NASDAQ:LECO) are trading higher by +1.59% ahead of its quarterly earnings release. Lincoln Electric, the maker of welding and cutting products is expected to release its quarterly results on July 27^th.

Wall Street Analysts consensus calls for a profit of $0.68 a share on $494.29 million revenue.

Lincoln Electric estimates have a range of $0.06 a share. The high estimate calls for profit of $0.71 a share and the low estimate is calling for a profit of $0.65 a share, a year ago for the quarter the company reported $0.34 a share.

Lincoln Electric Holdings, Inc. (NASDAQ:LECO) designs and manufactures welding and cutting products. The Company's products include arc welding power sources, wire feeding systems, robotic welding packages, fume extraction equipment, consumable electrodes, fluxes, and regulators and torches used in oxy-fuel welding and cutting.