Linde Beats Q3 2026 Estimates for a Sixth Straight Quarter
As seen on the 24/7 Wall St. homepage on October 29, 2026.
Linde beat consensus on both lines for a sixth straight quarter, with underlying sales growth of 5%. The $11 billion project backlog, fed by electronics demand, is what backs full-year adjusted EPS guidance of $17.82 to $17.92.
Continue ReadingShow less
Linde posted adjusted diluted earnings per share of $4.59 for the third quarter of 2026, beating expectations and extending its streak to six consecutive quarters.
Sales expanded 5% for the quarter, with electronics, chemicals and energy, and manufacturing leading the end markets.
The $11 billion project backlog gives the guidance its credibility, with $7.9 billion of it contractual sale-of-gas business that locks in future revenue.
Sponsored
For the full year 2026, Linde guided adjusted diluted EPS to $17.82 to $17.92, representing 8% to 9% growth.
GAAP diluted EPS was $3.66 for the quarter, down 11% year over year on Linde AG purchase accounting impacts and cost reduction program charges. The gap between GAAP and adjusted results is worth keeping in view as those charges continue.
Mentioned: LIN