Lincoln Electric reports Q1 adjusted EPS $2.23, consensus $2.17

Reports Q1 revenue $981.2M, consensus $1.04B. “We achieved record first quarter earnings and cash flow generation as strong execution and effective cost management mitigated slower sales performance as we start the year,” commented Steven B. Hedlund, President and Chief Executive Officer. “We remain focused on our strategic growth initiatives as we navigate the cycle and are pleased to have reached our $1 billion automation sales run rate target with our recent RedViking(R) acquisition.”