Linde: Q4 Earnings Snapshot
WEST WOKING, Britain (AP) — WEST WOKING, Britain (AP) — Linde plc (LIN) on Tuesday reported fourth-quarter profit of $1.33 billion.
The West Woking, Britain-based company said it had profit of $2.67 per share. Earnings, adjusted for non-recurring costs, were $3.16 per share.
The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $2.91 per share.
The gas supplier posted revenue of $7.9 billion in the period, falling short of Street forecasts. Four analysts surveyed by Zacks expected $8.09 billion.
For the year, the company reported profit of $4.15 billion, or $8.23 per share. Revenue was reported as $33.36 billion.
For the current quarter ending in March, Linde expects its per-share earnings to range from $3.05 to $3.15.
The company expects full-year earnings in the range of $13.15 to $13.55 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LIN at https://www.zacks.com/ap/LIN