Lincoln Electric reports Q1 adjusted EPS $2.13, consensus $2.05

Reports Q1 revenue $1.04B, consensus $1.03B. "I am pleased to report record first quarter sales, adjusted earnings per share and cash flow generation driven by strong demand momentum in Americas Welding, including automation, as well as solid operational performance across all of our segments," stated Christopher L. Mapes, Chairman, President and Chief Executive Officer. "Our team continues to successfully execute on our Higher Standard 2025 Strategy initiatives, and our integration of Fori Automation is on track to improve profitability in that portion of our business." Mapes continued, "Strong momentum heading into the second quarter, including high backlog levels and record automation orders, position us well to continue to drive higher results this year."