Linde Plc (Nasdaq:lin) Just Reported Full-Year Earnings: Have Analysts Changed Their Mind on the Stock's Prospects?
The full-year results for Linde plc (NASDAQ:LIN) were released last week, showing a credible result overall with revenues of US$33b and statutory earnings per share of US$13.62 in line with analyst estimates. Following the result, the analysts have updated their earnings model, but there has been no major change in expectations for the business. The most recent consensus forecast implies a 2.9% increase in revenue and a 9.2% increase in statutory earnings per share for next year.
- The fact that the consensus price target remains largely unchanged at US$496 suggests that analysts have not become significantly more bullish or bearish on Linde's prospects following the latest results.
- How will Linde's slowdown in revenue growth, expected to be 2.9% annually until 2025, impact its competitive position within the industrial gases industry?