Linde lowers Q4 2024 EPS guidance, expecting $3.86-$3.96, causing stock to rise to $457.31.

Linde, an industrial gas company, updated its Q4 2024 earnings guidance, expecting earnings per share (EPS) between $3.86 and $3.96, below the consensus estimate of $4.04. The FY 2024 guidance is set at $15.40-15.50 EPS. Following these announcements, Linde's stock rose by $1.16 to $457.31. The company reported a revenue increase of 1.9% in Q3 and plans to pay a $1.39 per share dividend on December 17. It has a market cap of $218.37 billion.

November 03, 2024
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