Linde Q3 Adjusted Earnings, Sales Rise; Trims Top End of 2024 Adjusted EPS Guidance

MT Newswires Live
31 Oct 2024

Linde (LIN) reported Q3 adjusted earnings Thursday of $3.94 per diluted share, up from $3.63 a year earlier.

Analysts polled by Capital IQ expected $3.91.

Sales for the quarter ended Sept. 30 were $8.36 billion, up from $8.16 billion a year earlier.

Analysts surveyed by Capital IQ expected $8.34 billion.

Linde said it expects Q4 adjusted diluted earnings of $3.86 to $3.96 per share. Analysts surveyed by Capital IQ expect $4.04.

The company said it now expects fiscal 2024 adjusted EPS of $15.40 to $15.50. That compares with $15.40 to $15.60 previously. Analysts surveyed by Capital IQ expect $15.52.

Shares of Linde were down more than 5% in recent Thursday premarket activity.

Price: 449.15, Change: -24.25, Percent Change: -5.12

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