Categories Earnings, Industrials
Earnings Summary: Linde reports an increase in Q2 revenue and profit
Linde plc (NASDAQ: LIN), a leading industrial gases and engineering company, has reported higher sales and adjusted profit for the second quarter of 2024.
- June quarter sales moved up 1% year-over-year to $8.3 billion, and underlying sales increased by 3%
- Q2 operating profit came in at $2.2 billion; adjusted operating profit advanced 6% from last year to $2.4 billion
- Operating profit margin was 26.4% in Q2; on an adjusted basis, operating profit margin rose 140 basis points to 29.3%
- At $1.66 billion, reported net income was up 6% year-over-year in the second quarter of 2024
- Second-quarter earnings, on a reported basis, increased 8% annually to $3.44 per share; adjusted earnings rose 8% to $3.85 per share
- The company expects full-year 2024 adjusted EPS to be in the range of $15.40 to $15.60, representing 9% to 11% growth
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Can General Motors (GM) navigate the tariff challenge ahead?
General Motors' (NYSE: GM) stock tumbled last week after the Trump administration imposed new tariffs on automobile imports, raising concerns about their potential impact on the company’s production as it
What to look for when Delta Air Lines (DAL) reports its Q1 2025 earnings results
Shares of Delta Air Lines (NYSE: DAL) were down over 1% on Monday. The stock has dropped 28% over the past three months. The airline is scheduled to report its
STZ Earnings Preview: Can Constellation Brands leverage growing beer sales?
Constellation Brands, Inc. (NYSE: STZ) has effectively navigated challenges like cautious consumer spending and declining demand for its wine and spirits brands by capitalizing on the sustained growth in the
