Lincoln Electric Holdings (LECO) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Reported EPS
- $2.93
- Estimate
- $2.81
- Surprise
- +4.3%
- Revenue (period 2026-06-30)
- $1.22B
- Score at report (before → after)
- 5.8 → 5.8/10
Revenue source: xbrl.
How the report landed
Lincoln Electric Holdings (LECO) beat the $2.81 estimate with diluted EPS of $2.93 — a clear 4.3% upside surprise. TrendMatrix's engine moved from Hold (5.8/10) to Buy (Wait) at 5.8/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates LECO Hold at 5.7/10.
4 of the last 4 quarters beat the estimate; this quarter's +4.3% surprise compares with a +3.3% four-quarter average. Next scheduled report: 2026-10-29.
What supports the rating
- V7 quality resilience bonus: +0.2 (Q=7.1 in RISK_OFF)
- Strong earnings beat streak (4/4)
What argues against it
- Analyst target reached - limited upside remaining
- Sector modifier (Industrials): -0.7
- Target reached (-3.1% upside)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $273.83
- Price target
- $286.78
- Stop
- $258.71
- Upside to target
- +4.7%
The stock trades at 27.2× trailing but 21.9× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-09-04 — shown for context, not personalized investment advice.
LECO at TrendMatrix's latest read
Industrial quarters are order-book stories — backlog and book-to-bill color how the market reads the reported number.
- Industry
- Tools & Accessories
- Market cap
- $14.93B
- P/E (fwd)
- 21.9
- P/E (ttm)
- 27.2
- 52-week range
- $216.22–$310.00
- Off 52-week high
- 11.7%
- RSI (14)
- 38
- Volume vs avg
- 0.57×
- Score today
- 5.7/10