Linde Group (LNEGY) Posts Quarterly Earnings, Misses Estimates By $0.01 EPS
Linde Group (NASDAQ:LNEGY) announced its earnings results on Tuesday. The company reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.25 by $0.01, Analyst Ratings Network reports.
On a related note, analysts at Goldman Sachs downgraded shares of Linde Group from a “buy” rating to a “neutral” rating in a research note on Friday, May 23rd.
Shares of Linde Group (NASDAQ:LNEGY) traded up 0.79% during mid-day trading on Tuesday, hitting $20.94. 2,647 shares of the company’s stock traded hands. Linde Group has a 52 week low of $18.75 and a 52 week high of $21.44. The stock has a 50-day moving average of $20.95 and a 200-day moving average of $20.35. The company has a market cap of $38.862 billion and a price-to-earnings ratio of 22.27.
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