Linde's Shares Dip Despite Strong Q3 Earnings
Linde's shares dipped in U.S. premarket trading despite posting impressive third-quarter earnings. The industrial gas giant's results, however, indicated steady performance in a challenging market.
Linde's revenue for the quarter climbed 3% to $8.62 billion, inching past the consensus estimate of $8.61 billion. The company's adjusted EPS soared 7% to $4.21, surpassing forecasts of $4.18. This strong performance was driven by price increases and productivity enhancements across all business segments. These segments include chemicals, manufacturing, steel production, and food and beverages, serving as a diverse customer base.
Linde's adjusted operating profit reached $2.6 billion. The company's CEO for the third quarter of 2025, Sanjiv Lamba, expressed confidence in the company's outlook. Linde reaffirmed its full-year guidance, projecting adjusted EPS growth of 5% to 6%. The company's performance serves as an industrial barometer for broader economic conditions.
Despite a dip in premarket trading, Linde's third-quarter earnings showed robust growth. The company's diverse customer base and steady performance indicate resilience in challenging market conditions. Linde's reaffirmed guidance signals a positive outlook for the remainder of the year.
