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 September 2024.
LIN's Q3 performance is likely to have been affected by a sluggish global economy and rising costs. Its operating profit from the Engineering business unit might have also decreased.
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.
WOKING, UK / ACCESSWIRE / October 24, 2024 / Linde (NASDAQ:LIN) announced that it has signed agreements to de-captivate two air separation units (ASUs) and expand its existing supply of industrial gases to Tata Steel Limited in Odisha, India. Linde already supplies industrial gases from its existing two on-site plants to Tata Steel's iron and steel making facility at the Kalinganagar Industrial Complex.
WOKING, UK / ACCESSWIRE / October 8, 2024 / Linde (Nasdaq:LIN) will release its third quarter 2024 financial results by 06:00 EDT/11:00 CET on Thursday, October 31, 2024. The Company will host and webcast its conference call at 09:00 EDT/14:00 CET, which will be available to the public and the media in listen-only mode.
Bank of America, Advanced Micro Devices, Linde, Comstock and Kingsway are included in this Analyst Blog.
I reiterate a ‘Buy' rating for Linde with a one-year target price of $520 per share, driven by double-digit EPS growth and effective cost management. Linde reported 3% growth in underlying revenue and 6% growth in adjusted operating profits, with strong pricing and productivity despite flattish volume growth. High-quality project backlog, including semiconductor manufacturing facilities and green energy initiatives, positions Linde for near-term business growth and profitability.
The new complex, spearheaded by LIN, will utilize the autothermal reforming technology, along with its proprietary HISORP carbon capture system, to produce clean hydrogen.
WOKING, UK / ACCESSWIRE / August 27, 2024 / Linde (Nasdaq:LIN) announced today it has signed a long-term agreement for the supply of clean hydrogen to Dow's Fort Saskatchewan Path2Zero Project. The company will invest more than $2 billion to build, own and operate a world-scale integrated clean hydrogen and atmospheric gases facility in Alberta, Canada.
Costco, Merck & Co., Linde, Hamilton Beach Brands and Armanino Foods of Distinction are included in this Analyst Blog.
Higher pricing from the Americas segment backs Linde's (LIN) Q2 earnings beat.
Adjusted EPS of $3.85 beat the consensus estimate of $3.79. Revenue of $8.27 billion fell just short of analysts' $8.3 billion estimate.