Linde (NYSE:LIN) reported its Q3 earnings results on Thursday, October 28, 2021 at 06:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Linde beat their estimated earnings by 21.87%, reporting an EPS of $2.73 versus an estimate of $2.24, which surprised analysts.
Revenue was up $813,000,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.17, which was followed by a 2.65% increase in the share price the next day.
Here’s a look at Linde’s past performance:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | 2.53 | 2.25 | 2.14 | 1.97 |
| EPS Actual | 2.70 | 2.49 | 2.30 | 2.15 |
| Revenue Estimate | 7.35B | 7.04B | 7.05B | 6.69B |
| Revenue Actual | 7.58B | 7.24B | 7.27B | 6.86B |
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