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Linde: Q3 Earnings Snapshot

By Stats Perform Dba Automated Insights 1 min read

WEST WOKING, Britain (AP) — WEST WOKING, Britain (AP) — Linde plc (LIN) on Thursday reported third-quarter net income of $1.57 billion.

The West Woking, Britain-based company said it had profit of $3.19 per share. Earnings, adjusted for non-recurring costs, came to $3.63 per share.

The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $3.57 per share.

The gas supplier posted revenue of $8.15 billion in the period, which missed Street forecasts. Four analysts surveyed by Zacks expected $8.65 billion.

For the current quarter ending in December, Linde expects its per-share earnings to range from $3.38 to $3.48.

The company expects full-year earnings in the range of $14 to $14.10 per share.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LIN at https://www.zacks.com/ap/LIN

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