Lincoln Electric (NASDAQ: LECO) saw its stock surge 6.12% in pre-market trading on Thursday, following the release of its impressive second-quarter 2025 results and the announcement of a strategic acquisition. The welding equipment manufacturer outperformed analyst expectations, demonstrating resilience in a dynamic market environment.
The company reported second-quarter sales of $1.089 billion, up 6.6% year-over-year and surpassing the analyst consensus estimate of $1.041 billion. Adjusted earnings per share (EPS) came in at $2.60, significantly beating the expected $2.31 and showing an 11.11% increase from the same period last year. The strong performance was driven by a 2.9% increase in organic sales and a 3.0% boost from recent acquisitions.
Adding to the positive sentiment, Lincoln Electric announced an agreement to acquire the remaining 65% of Alloy Steel Australia for approximately $90 million. This acquisition is expected to be accretive to the company's earnings by about $0.13 to $0.15 per share on an annual basis, further strengthening its market position. Steven B. Hedlund, Chair, President, and CEO, expressed confidence in the company's ability to create long-term value for shareholders through continued operating agility and strong cash generation.
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