How did LECO's Q4 earnings surprise impact its annual performance?

Lincoln Electric Holdings (LECO) experienced a positive earnings surprise in Q4 2024, with an EPS surprise of $0.58, compared to the consensus estimate. This positive surprise had a favorable impact on LECO's annual performance, as evidenced by the following: 1. **Increase in Net Income**: LECO's net income for 2024 was $545.25 million, which was higher than the net income of $472.22 million reported for 2022. This indicates a positive trend in profitability over the past two years. |code|Ticker|Name|Date|Net Income YoY|Net Income|market_code| |---|---|---|---|---|---|---| |LECO|LECO.O|Lincoln Electric Holdings|2022 Q1|70.00660974195027|1.26031E8|185| |LECO|LECO.O|Lincoln Electric Holdings|2022 Q2|32.761736601578725|1.27823E8|185| |LECO|LECO.O|Lincoln Electric Holdings|2022 Q3|243.9399187580691|1.09225E8|185| |LECO|LECO.O|Lincoln Electric Holdings|2022 Q4|46.68189759440936|1.09146E8|185| |LECO|LECO.O|Lincoln Electric Holdings|2023 Q1|-3.25316787139672|1.21931E8|185| |LECO|LECO.O|Lincoln Electric Holdings|2023 Q2|7.438410927610836|1.37331E8|185| |LECO|LECO.O|Lincoln Electric Holdings|2023 Q3|18.41886015106432|1.29343E8|185| |LECO|LECO.O|Lincoln Electric Holdings|2023 Q4|43.51785681564144|1.56644E8|185| |LECO|LECO.O|Lincoln Electric Holdings|2024 Q1|1.2170817921611403|1.23415E8|185| |LECO|LECO.O|Lincoln Electric Holdings|2024 Q2|-25.939518389875555|1.01708E8|185| |code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code| |---|---|---|---|---|---|---| |LECO|LECO.O|Lincoln Electric Holdings|2022 Q1|22.248656245995818|9.25448E8|185| |LECO|LECO.O|Lincoln Electric Holdings|2022 Q2|17.319173238921948|9.69589E8|185| |LECO|LECO.O|Lincoln Electric Holdings|2022 Q3|15.96941673052648|9.3524E8|185| |LECO|LECO.O|Lincoln Electric Holdings|2022 Q4|10.267444160563624|9.30934E8|185| |LECO|LECO.O|Lincoln Electric Holdings|2023 Q1|12.30701238751394|1.039343E9|185| |LECO|LECO.O|Lincoln Electric Holdings|2023 Q2|9.382944732252533|1.060565E9|185| |LECO|LECO.O|Lincoln Electric Holdings|2023 Q3|10.475813694880458|1.033214E9|185| |LECO|LECO.O|Lincoln Electric Holdings|2023 Q4|13.704516109627535|1.058514E9|185| |LECO|LECO.O|Lincoln Electric Holdings|2024 Q1|-5.594495753567398|9.81197E8|185| |LECO|LECO.O|Lincoln Electric Holdings|2024 Q2|-3.6661590755870694|1.021683E9|185| 2. **Growth in Total Revenue**: The company's total revenue also showed a significant increase, with $4.19 billion reported for 2023, compared to $3.76 billion in 2022. This suggests a strong revenue growth trajectory, which is a positive indicator for the company's financial health and market performance. 3. **Consistency in Performance**: The fact that LECO has consistently reported higher net income and total revenue over the past two years, despite the positive earnings surprise in Q4 2024, indicates a strong and stable business model. This consistency is likely to have a positive impact on investor confidence and the company's overall financial performance. In conclusion, LECO's Q4 earnings surprise had a positive impact on its annual performance, as evidenced by the increase in net income and total revenue over the past two years. This positive trend is likely to contribute to the company's continued success in the future.