Linde

UBS analyst Geoff Haire maintains Linde (NYSE:LIN) with a Buy and lowers the price target from $450 to $445.

Linde (NYSE:LIN) For Q3, the industrial gas and engineering company said it expects adjusted earnings of $3.48 to $3.58 per diluted share. Analysts polled by Capital IQ expect $3.51. For full-year fiscal 2023, Linde said it now expects adjusted earnings of $13.80 to $14 per diluted share, up from its prior guidance of $13.45 to $13.85. Analysts surveyed by Capital IQ expect $13.75.

Linde (NYSE:LIN) reported Q2 adjusted earnings  of $3.57 per diluted share, up from $3.10 a year earlier. Analysts polled by Capital IQ expected $3.48. Sales for the quarter ended June 30 were $8.20 billion, compared with $8.46 billion a year earlier. Analysts surveyed by Capital IQ expected $8.70 billion. For Q3, the industrial gas and engineering company said it expects adjusted earnings of $3.48 to $3.58 per diluted share. Analysts polled by Capital IQ expect $3.51. For full-year fiscal 2023, Linde said it now expects adjusted earnings of $13.80 to $14 per diluted share, up from its prior guidance of $13.45 to $13.85. Analysts surveyed by Capital IQ expect $13.75.