- Linde (NYSE:LIN): Q2 Non-GAAP EPS of $2.70 beats by $0.17; GAAP EPS of $1.60 misses by $0.25.
- Revenue of $7.6B (+19.1% Y/Y) beats by $220M.
- Outlook: Raised full-year 2021 adjusted EPS guidance to $10.10 - $10.30 (prior $9.60-$9.80) vs. consensus of $10.04, representing 23% to 25% growth year-over-year.
- Full-year capital expenditures are expected to be in the range of $3.0 billion to $3.4 billion to support maintenance and growth requirements including the contractual project backlog.
- For third quarter 2021, Linde expects adjusted diluted earnings per share in the range of $2.60 to $2.70 vs. consensus of $2.52, up 34% to 39% versus the same quarter in 2019 and 21% to 26% versus prior-year quarter.
- Press Release