Lincoln Electric Reports Third Quarter 2015 Results
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Lincoln Electric (LECO) Misses Q3 EPS by 1c; Updates on Venezuela
October 30, 2015 7:37 AM EDTLincoln Electric (NASDAQ: LECO) reported Q3 EPS of $0.89, $0.01 worse than the analyst estimate of $0.90. Revenue for the quarter came in at $645.2 million versus the consensus estimate of $657.56 million.
Venezuela Update
The Company is now utilizing the SIMADI rate as of September 30, 2015 for remeasurement purposes, as it believes that this rate more appropriately approximates the rates used to transact... More
