189.82 +2.13 (1.13%)
Pre-Market: 6:09AM EDT
|Bid||188.72 x 900|
|Ask||188.78 x 1200|
|Day's Range||186.30 - 189.00|
|52 Week Range||145.95 - 206.82|
|Beta (3Y Monthly)||0.45|
|PE Ratio (TTM)||19.39|
|Forward Dividend & Yield||3.50 (1.85%)|
|1y Target Est||198.26|
Financial Highlights - Sales $7.2 billion, ex. FX +4% versus prior year and +5% sequentially - Operating profit margin 9.3%, adjusted pro forma operating profit margin 18.4% - EPS $0.94, adjusted pro forma ...
NEW YORK, NY / ACCESSWIRE / August 5, 2018 / Linde Plc (NYSE: LIN ) will be discussing their earnings results in their 2019 Second Quarter Earnings to be held on August 5, 2018 at 9:00 AM Eastern Time. ...
Linde plc , world's largest industrial gases group, beat forecasts with its second-quarter results and raised its full-year outlook for the second time this year, despite challenging business conditions and economic uncertainties. The supplier of gases such as oxygen, nitrogen and hydrogen to factories and hospitals said on Monday it now expected its adjusted pro forma earnings per share to grow between 12% and 16% in 2019 to $6.95-$7.18, up from its previous outlook for an increase of 9% to 13%. The company reported adjusted pro forma operating profit rose 6% from a year ago to $1.32 billion, helped by volumes and price increases over the quarter, while pro forma sales were steady at $7.18 billion.
Shares of Linde PLC surged 1.9% in premarket trading Monday, after the industrial gases company reported a second-quarter profit and sales that topped expectations and provided an upbeat full-year outlook. Net income was $522 million, or 96 cents a share, after earnings of $480 million, or $1.65 a share, in the year-ago period. Excluding non-recurring items, such as effects of the Praxair merger, adjusted EPS rose 12% to $1.83, above the FactSet consensus of $1.74. Sales rose to $7.20 billion from $3.04 billion, or from $7.18 billion on a pro forma basis, to beat the FactSet consensus of $7.05 billion. Pro forma sales growth was driven by a 4% increase in volume and 2% growth in pricing. For 2019, the company expects adjusted EPS of $6.95 to $7.18, compared with the FactSet consensus of $6.95. The stock has rallied 20.3% year to date through Friday, while the S&P 500 has gained 17.0%.
Linde , the world's largest provider of industrial gases, blew away expectations with increased profits in the second quarter. The company, which is now the largest provider of industrial gases, was born out the merger between the Germany-based Linde and Praxair of the U.S. Linde said will be in the range $6.95 to $7.18 a share for the full year, which would mean an increase in profits of up to 16%.
GUILDFORD, UK / ACCESSWIRE / August 1, 2019 / Linde (LIN)(LIN) announced today it has started up a new gas production facility supplying methane, hydrogen and carbon dioxide to Evonik Industries' second world-scale methionine complex on Jurong Island in Singapore. The new plant complements an existing facility which has been supplying these gases to Evonik's first methionine complex in Singapore since 2014. The new, integrated facility incorporates Linde's advanced technologies which increase plant efficiency, reliability and environmental sustainability.
GUILDFORD, UK / ACCESSWIRE / July 30, 2019 / Linde (NYSE: LIN; FWB: LIN) announced today it has started up its new air separation plants to supply a combined 720 tons per day of high purity nitrogen to ...
GUILDFORD, UK / ACCESSWIRE / July 26, 2019 / Linde plc (NYSE: LIN; FWB: LIN) announced its Board of Directors has declared a quarterly dividend of $0.875 per share. The dividend is payable on September ...
Linde Announces Second Quarter 2019 Earnings and Conference Call Schedule GUILFORD, UK / ACCESSWIRE / July 24, 2019 / Linde (NYSE: LIN; FWB: LIN) will release its second quarter 2019 financial results ...
GUILDFORD, UK / ACCESSWIRE / June 25, 2019 / Linde (NYSE: LIN; FWB: LIN) announced today it has signed a long-term agreement with ExxonMobil Asia Pacific Pte. Ltd. to support the latest multi-billion dollar ...
Read the beginning of this article here. The most valuable position in Locust Wood Capital Adviser’s 13F portfolio at the end of March 2019, was in Linde plc (NYSE:LIN). This is one of the biggest industrial gas companies by market share and revenue in the world. For 2018 it reported pro forma sales of $28 […]
CEO of Linde Plc (NYSE:LIN) Stephen F Angel sold 56,574 shares of LIN on 06/06/2019 at an average price of $197.27 a share.
Like everyone else, elite investors make mistakes. Some of their top consensus picks, such as Amazon, Facebook and Alibaba, have not done well in Q4 due to various reasons. Nevertheless, the data show elite investors' consensus picks have done well on average over the long-term. The top 20 stocks among hedge funds beat the S&P […]
Linde announced today that its subsidiary, Praxair, Inc., has been named a 2019 DiversityInc Noteworthy Company for the fourth consecutive year. Noteworthy companies are selected based on a survey that addresses four key areas of diversity management: Talent Pipeline, Talent Development, Leadership Accountability and Supplier Diversity.