Linde beats earnings expectations with adjusted EPS rising 5.3% to $3.95, stock gained over 7%.

From CNBC: 2025-05-01 14:16:00

Industrial gas and engineering giant Linde reported flat revenue of $8.11 billion in the first quarter, missing estimates. Adjusted EPS rose 5.3% to $3.95, beating expectations. Linde’s stock has gained over 7% this year despite market volatility. Management’s cautious outlook amid global tariffs indicates resilience. Linde’s strong balance sheet supports dividends and buybacks. LIN YTD mountain Linde YTD The company reported a 2% increase in prices and a 1% drop in volumes due to manufacturing and mining sluggishness. Operating profit rose 4% to $2.44 billion, with a 30.1% operating margin increase. Linde’s Americas segment saw sales rise 3%, driven by chemicals and electronics. The company is optimistic about opportunities in quantum computing and cryogenic cooling technology. Sales in Asia Pacific and Europe, Middle East & Africa declined, while engineering segment sales rose. Linde’s guidance assumes a recessionary climate with a currency headwind, with adjusted EPS expected to grow 4% to 6% for full-year 2025. The company expects to spend $5 billion to $5.5 billion on capital expenditures.



Read more at CNBC:: Linde keeps its streak of earnings beats alive by pulling 2 key levers