Equity Profile

LECO

Lincoln Electric Holdings, Inc.

IndustrialsIndustrial Machinery & Supplies & Components$14.2B

Jul30Thu

Pre-Earnings Brief

UpcomingQ2-2026Pre-Market9:00 AM EDT

Company Snapshot

Lincoln Electric Holdings, Inc. is a leading manufacturer of welding products and systems, serving various industries including construction and automotive....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of profitability and will help gauge the company's financial health this quarter.

N/A

Revenue Growth

Revenue growth will indicate demand for Lincoln's products and its ability to capture market share.

N/A

Wall Street expectations, options signals, track record, and call prep available with Pro.

LECO Q2-2026 Earnings Preview

Context

Company Snapshot

Lincoln Electric Holdings, Inc. is a leading manufacturer of welding products and systems, serving various industries including construction and automotive. As a key player in the industrial machinery sector, its performance can reflect broader trends in manufacturing and infrastructure spending.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

88%

Avg EPS Surprise

+7.09%

Avg Stock Reaction

+1.91%

Last Quarter Recap

In Q1-2026, Lincoln Electric reported an EPS of $2.50, surpassing estimates by 3.52%. The stock reacted positively, gaining 2.91% the following day.

Management Promises & Guidance

Expectations

Wall Street Expectations

Investors are cautiously optimistic ahead of the earnings report, given Lincoln's strong track record of beating EPS estimates. However, there are concerns about potential supply chain issues affecting revenue.

Bull Case

If Lincoln Electric continues its trend of beating EPS estimates, it could signal strong operational efficiency and robust demand, leading to a positive stock reaction.

Bear Case

On the other hand, if the company fails to meet expectations or provides weak guidance, it could lead to a significant drop in the stock price, especially given the current market volatility.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will be the EPS for Q2-2026?

Given Lincoln's strong history of beating EPS estimates, this number will be crucial for investor confidence and stock performance.

How is the company addressing supply chain challenges?

Supply chain issues could significantly impact revenue, and any insights on this will be closely scrutinized by investors.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating Lincoln Electric's ability to navigate supply chain challenges, as historical data shows resilience in demand despite external pressures.

Supporting Evidence

Lincoln has consistently beaten EPS estimates, with an 88% success rate over the last eight quarters.

Options pricing suggests a larger move than historical averages, indicating potential for surprise performance.

Recent insider activity shows no significant selling, suggesting confidence in the company's future.

Key Risk

If EPS comes in below $2.40, it could invalidate the bullish narrative and lead to a reassessment of the company's growth potential.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's results will hinge on Lincoln's ability to maintain profitability amidst market challenges.

Bull Confirmed If

An EPS of $2.60 or higher would confirm the bull case, indicating strong operational performance.

Bear Confirmed If

An EPS below $2.40 would support the bear case, suggesting potential issues with demand or supply chain disruptions.

Pre-Earnings Positioning

Options Market

Implied Move

±6.26%

Historical Avg

±4.3%

Pricing rich

The options market is pricing in a relatively large move, suggesting that traders expect significant volatility around the earnings announcement.

Options are pricing ±6.3% while LECO has averaged ±4.3% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.3%

30d HV

25.0%

Calls (1K)P/C Ratio: 0.25Puts (100)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Industrials

n=30

Fade rate: 6 of 24 (25%)

This setup has occurred 30 times across Industrials in the last 2 years. 18 of 24 (75%) held or extended their move within 5 days — this setup typically holds direction. The average absolute 1-day move is 4.7%, with a raw directional average of +1.7% (modestly positive historical bias).

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Lincoln beats expectations, history suggests a potential stock increase of around 2.79%, confirming strong demand and operational efficiency.

In-Line / Cautious

If results are in line but management expresses caution, the stock may see a muted reaction as investors reassess growth prospects.

Miss

A miss could lead to a decline of around 4.24%, reflecting investor disappointment and concerns over future performance.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on supply chain management and its impact on production.
2Details on demand trends in key markets such as construction and automotive.
3Insights into pricing strategies and cost management efforts.
4Discussion of any new product launches or innovations.
5Management's outlook for the remainder of the fiscal year.

See the full picture

AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

No charge today · Auto-bills $8/mo after 7 days · Cancel anytime

More Earnings This Week

5 Reports

Jul27

DYNBMO

Dyne Therapeutics, Inc.

Insider activity

PreviewView

Jul

Company Snapshot

Lincoln Electric Holdings, Inc. is a leading manufacturer of welding products and systems, serving various industries including construction and automotive....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of profitability and will help gauge the company's financial health this quarter.

N/A

Revenue Growth

Revenue growth will indicate demand for Lincoln's products and its ability to capture market share.

N/A

Wall Street expectations, options signals, track record, and call prep available with Pro.

LECO Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

88%

Avg EPS Surprise

+7.09%

Avg Stock Reaction

+1.91%

Last Quarter Recap

In Q1-2026, Lincoln Electric reported an EPS of $2.50, surpassing estimates by 3.52%. The stock reacted positively, gaining 2.91% the following day.

Management Promises & Guidance

Expectations

Wall Street Expectations

Bull Case

If Lincoln Electric continues its trend of beating EPS estimates, it could signal strong operational efficiency and robust demand, leading to a positive stock reaction.

Bear Case

On the other hand, if the company fails to meet expectations or provides weak guidance, it could lead to a significant drop in the stock price, especially given the current market volatility.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will be the EPS for Q2-2026?

Given Lincoln's strong history of beating EPS estimates, this number will be crucial for investor confidence and stock performance.

How is the company addressing supply chain challenges?

Supply chain issues could significantly impact revenue, and any insights on this will be closely scrutinized by investors.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating Lincoln Electric's ability to navigate supply chain challenges, as historical data shows resilience in demand despite external pressures.

Supporting Evidence

Lincoln has consistently beaten EPS estimates, with an 88% success rate over the last eight quarters.

Options pricing suggests a larger move than historical averages, indicating potential for surprise performance.

Recent insider activity shows no significant selling, suggesting confidence in the company's future.

Key Risk

If EPS comes in below $2.40, it could invalidate the bullish narrative and lead to a reassessment of the company's growth potential.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's results will hinge on Lincoln's ability to maintain profitability amidst market challenges.

Bull Confirmed If

An EPS of $2.60 or higher would confirm the bull case, indicating strong operational performance.

Bear Confirmed If

An EPS below $2.40 would support the bear case, suggesting potential issues with demand or supply chain disruptions.

Pre-Earnings Positioning

Options Market

Implied Move

±6.26%

Historical Avg

±4.3%

Pricing rich

The options market is pricing in a relatively large move, suggesting that traders expect significant volatility around the earnings announcement.

Options are pricing ±6.3% while LECO has averaged ±4.3% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.3%

30d HV

25.0%

Calls (1K)P/C Ratio: 0.25Puts (100)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Industrials

n=30

Fade rate: 6 of 24 (25%)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Lincoln beats expectations, history suggests a potential stock increase of around 2.79%, confirming strong demand and operational efficiency.

In-Line / Cautious

If results are in line but management expresses caution, the stock may see a muted reaction as investors reassess growth prospects.

Miss

A miss could lead to a decline of around 4.24%, reflecting investor disappointment and concerns over future performance.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on supply chain management and its impact on production.
2Details on demand trends in key markets such as construction and automotive.
3Insights into pricing strategies and cost management efforts.
4Discussion of any new product launches or innovations.
5Management's outlook for the remainder of the fiscal year.