08:43 AM EDT, 07/31/2024 (MT Newswires) -- Lincoln Electric Holdings ( LECO ) reported Q2 adjusted earnings Wednesday of $2.34 per diluted share, down from $2.44 a year earlier.

Analysts polled by Capital IQ expected $2.29.

Net sales for the quarter ended June 30 were $1.02 billion, down from $1.06 billion a year earlier.

Analysts polled by Capital IQ expected $1.02 billion.

Separately, the company said it has bought Vanair, a company that engineers and manufactures truck-mounted mobile power products.

No financial terms were provided.

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