Linde publishes Q3 2026 earnings call transcript
LIN•Linde reported third-quarter EPS of $4.59, up 9% to a record, and forecast fourth-quarter EPS of $4.40-$4.50 and full-year EPS of $17.82-$17.92. The company also disclosed a $425 million restructuring charge and said full severance savings are expected by the second half of 2027.
1. Results and outlook
Linde’s October 29 earnings call featured CEO Sanjiv Lamba, CFO Matt White and investor relations head Juan Pelaez. Third-quarter EPS rose 9% to a record $4.59, while operating margin excluding cost pass-through was flat as non-gas businesses weighed on performance. Fourth-quarter EPS guidance was $4.40-$4.50, implying 5%-7% growth, and the full-year forecast was $17.82-$17.92.
2. Restructuring and Lincare
A $425 million restructuring charge primarily covered severance and portfolio actions, with full severance savings expected by the second half of 2027. Lincare moved under White’s oversight as management evaluates strategic alternatives; fourth-quarter guidance assumes no meaningful profit improvement at the business.
