Linde plc (NASDAQ:LIN ) Q4 2024 Earnings Conference Call February 6, 2025 9:00 AM ET Company Participants Juan Pelaez - VP, IR Sanjiv Lamba - CEO & Director Matthew White - EVP & CFO Conference Call Participants Mike Leithead - Barclays Steven Haynes - Morgan Stanley Patrick Fischer - Goldman Sachs Laurent Favre - BNP Paribas Jeff Zekauskas - JPMorgan Steve Byrne - Bank of America Merrill Lynch John McNulty - BMO Capital Markets Peter Clark - Bernstein Patrick Cunningham - Citi John Roberts - Mizuho Daniel Rizzo - Jefferies Operator Ladies and gentlemen, good day, and thank you for standing by. Welcome to the Linde Fourth Quarter and Full Year 2024 Earnings Teleconference and Webcast.
Linde (LIN 0.57%), a leading industrial gases company, revealed its fourth-quarter results on Feb. 6. While it exceeded bottom-line estimates by reporting earnings per share (EPS) of $3.97 against the $3.94 that analysts forecast, it fell short on revenue, posting $8.28 billion compared to the expected $8.42 billion.
Although the revenue and EPS for Linde (LIN) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Linde (LIN) came out with quarterly earnings of $3.97 per share, beating the Zacks Consensus Estimate of $3.93 per share. This compares to earnings of $3.59 per share a year ago.
Linde , the world's largest industrial gases company, reported fourth quarter earnings above market expectations on Thursday.
LIN's Q4 earnings are likely to have been affected by the economic slowdown in Europe and China, which might have dampened the demand for industrial gases.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Linde (LIN), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2024.
Linde (LIN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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Linde plc is a potential buy, showing steady growth with a 238% increase over 10 years, despite market fluctuations. The industrial gases market is projected to grow significantly, driven by clean energy, decarbonization, and expanding applications in healthcare and technology. Linde's strong financials, low volatility, and proactive management strategies position it well for future growth, despite risks like increased debt, economic vagaries, and a low dividend yield.
WOKING, UK / ACCESSWIRE / January 9, 2025 / Linde (NASDAQ:LIN) will release its fourth quarter 2024 financial results by 06:00 EST/midday CET on Thursday, February 6, 2025. The Company will host and webcast its conference call at 09:00 EST/15:00 CET, which will be available to the public and the media in listen-only mode.
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