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.
Full-Year Highlights Sales $33.0 billion, flat YoY, underlying sales up 2% Operating profit $8.6 billion; adjusted operating profit $9.7 billion, up 7% Operating profit margin 26.2%; adjusted operating profit margin 29.5%, up 190 basis points versus prior year EPS $13.62 up 8%; adjusted EPS $15.51, up 9% or 10% ex FX Returned $7.1 billion to shareholders through dividends and share repurchases Total project backlog of $10.4 billion Fourth-Quarter Highlights Sales $8.3 billion, flat YoY, underlying sales up 2% Operating profit $2.3 billion, adjusted operating profit $2.5 billion, up 9% Operating profit margin 27.4%; adjusted operating profit margin 29.9%, YoY up 250 basis points EPS $3.60, up 14%; adjusted EPS $3.97, up 11% or 13% ex FX 2025 Guidance First-quarter 2025 adjusted EPS guidance $3.85 - $3.95, represents 7%-9% growth ex. FX Full-year 2025 adjusted EPS guidance $16.15 - $16.55, represents 8%-11% growth ex.
Linde , the world's largest industrial gases company, reported fourth quarter earnings above market expectations on Thursday.
WOKING, UK / ACCESS Newswire / February 4, 2025 / Linde (Nasdaq:LIN) announced today that for the fifth successive year, it secured a record number of new small on-site projects for the supply of nitrogen and oxygen. During 2024, the company signed 59 new long-term agreements for which it will build, own and operate 64 plants at customer sites.
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.