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Linde: Q1 Earnings Snapshot

WEST WOKING, Britain (AP) — WEST WOKING, Britain (AP) — Linde plc (LIN) on Friday reported first-quarter earnings of $1.86 billion.

On a per-share basis, the West Woking, Britain-based company said it had net income of $3.98. Earnings, adjusted for non-recurring costs, were $4.33 per share.

The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $4.27 per share.

The gas supplier posted revenue of $8.78 billion in the period, which also topped Street forecasts. Six analysts surveyed by Zacks expected $8.51 billion.

For the current quarter ending in June, Linde expects its per-share earnings to range from $4.40 to $4.50.

The company expects full-year earnings in the range of $17.60 to $17.90 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LIN at https://www.zacks.com/ap/LIN

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