Linde included in FTSE4Good Index for 11th consecutive year ahead of Q2 earnings

Earnings
โดย Simply Wall St·Read original
Summary · why it matters

Linde was included in the FTSE4Good Index Series for the 11th consecutive year, reinforcing its sustainability credentials as investors await its second-quarter earnings release on July 31. Analysts expect higher quarterly revenue and earnings, driven by Linde's contract-based industrial gas business and new agreements in helium and clean energy projects. The company's long-term narrative projects $41.0 billion in revenue and $9.5 billion in earnings by 2029, requiring 5.8% annual revenue growth and a $2.4 billion increase in earnings from $7.1 billion. Three fair value estimates from the Simply Wall St community range from roughly $482 to $545 per share, reflecting varied assessments of Linde's prospects amid concerns over prolonged industrial weakness in Europe and Asia.

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Inclusion in FTSE4Good Index for 11th consecutive year and expected higher Q2 earnings driven by contract-based business and new agreements.