Linde beats Q3 earnings expectations on higher pricing

Reuters

2024/10/31

Oct 31 (Reuters) - Linde , the world's largest industrial gases company, on Thursday reported third-quarter earnings above market expectations, citing higher pricing and continued productivity initiatives across its segments.

The U.S.-German company, which supplies gases such as oxygen, nitrogen and hydrogen to factories and hospitals, reported a 9% rise in its adjusted earnings per share to $3.94 in the July-September quarter.

That came ahead of analysts' mean estimate of $3.89 per share in an LSEG poll.

(Reporting by Bartosz Dabrowski in Gdansk; editing by Milla Nissi)

((bartosz.dabrowski@thomsonreuters.com;))

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