Linde beats Q3 earnings expectations on higher pricing

Reuters
31 Oct 2024

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;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10