Linde: Q4 Earnings Snapshot
WEST WOKING, Britain (AP) — WEST WOKING, Britain (AP) — Linde plc (LIN) on Thursday reported fourth-quarter net income of $1.73 billion.
On a per-share basis, the West Woking, Britain-based company said it had profit of $3.60. Earnings, adjusted for non-recurring costs, came to $3.97 per share.
The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $3.93 per share.
The gas supplier posted revenue of $8.28 billion in the period, which fell short of Street forecasts. Four analysts surveyed by Zacks expected $8.36 billion.
For the year, the company reported profit of $6.57 billion, or $13.62 per share. Revenue was reported as $33.01 billion.
For the current quarter ending in March, Linde expects its per-share earnings to range from $3.85 to $3.95.
The company expects full-year earnings in the range of $16.15 to $16.55 per share.
_____
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