Linde plc (LIN) earnings on July 31, 2026
Prior outlook: No statistical edge
Volatly's outlook before the earnings on July 31, 2026: No statistical edge.
LIN price around the earnings
There is no candle series available for this event.
Prior thesis
Prior outlook: No statistical edge
- Thesis published
- Results released
Post-event: Q2 beat, raised FY guidance, 100% beat rate; flat price action suggests limited upside realization.
Context analyzed before publication
- Trend
- Post-announcement: strong beat/guidance but price flat; limited upside realized despite positive catalyst.
Analysts
Evidence
- Analyst consensus
- Buy
- Consensus average (1-5)
- 1.74
- Analysts covering the stock
- 25
- Average price target
- 548.8
- Lowest price target
- 400
- Highest price target
- 622
- Upside to price target
- 7.9%
- Quarterly earnings growth
- 11%
- Revenue growth
- 8.2%
- Forward EPS
- 19.62
- Trailing EPS
- 15
- Analyst moves in the last 60 days
- 3
- Strong buy: 4
- Buy: 16
- Hold: 6
- Sell: 1
- Strong sell: 0
- Strong buy
- 4
- Buy
- 16
- Hold
- 6
- Sell
- 1
- Strong sell
- 0
- July 17, 2026 · Bernstein: Maintains rating (Outperform → Outperform)
- July 10, 2026 · Evercore ISI Group: Maintains rating (Outperform → Outperform)
- June 24, 2026 · Citigroup: Maintains rating (Buy → Buy)
News and sentiment
Evidence
Sentiment
- Sentiment
- Constructive
- Mention volume
- Low
- Normalized volume
- 33%
News
Sources (8)
- Linde Sees Q3 Adj EPS $4.45-$4.55 vs $4.54 Est (opens in a new tab) — Benzinga
- Linde Raises FY2026 Adj EPS Guidance from $17.60-$17.90 to $17.70-$17.90 vs $17.90 Est (opens in a new tab) — Benzinga
- Linde Q2 Adj. EPS $4.50 Beats $4.48 Estimate, Sales $9.300B Beat $8.989B Estimate (opens in a new tab) — Benzinga
- Linde Will Invest $1B To Expand Its Existing On-site Industrial Gases Complex In Phoenix, Making The Site One Of Linde’s Largest Investments For An Electronics Customer Globally (opens in a new tab) — Benzinga
- Linde Signs Renewable Power Deals Across Europe, Africa And India, Expands Clean Energy Supply With Six New Power Agreements (opens in a new tab) — Benzinga
- Bernstein Maintains Outperform on Linde, Raises Price Target to $599 (opens in a new tab) — Benzinga
- Reported Earlier: 'Deutsche Bank and UniCredit sue Linde over Russia sanctions losses' - Financial Times (opens in a new tab) — Benzinga
- Evercore ISI Group Maintains Outperform on Linde, Raises Price Target to $525 (opens in a new tab) — Benzinga
Technicals
Evidence
- Price when the context was analyzed
- 508.06
- Average true range (ATR)
- 1.9%
- Distance to 52-week high
- -7.0%
- 14-day change (14d)
- -2.5%
- 30-day change (30d)
- -2.1%
- 30-day relative strength
- +5.0%
- QQQ change (30d)
- -7.1%
- Nearest support
- 507.26
- Distance to nearest support
- 0.2%
- Nearest resistance
- 509.48
- Distance to nearest resistance
- 0.3%
- Volume accumulation ratio (14d / 46d)
- 1.02
- Mid: 507.26 (0.2% away, 0.08 ATR, 26 touches)
- Mid: 504.79 (0.6% away, 0.33 ATR, 19 touches)
- Major: 503.02 (1% away, 0.51 ATR, 26 touches)
- Mid: 509.48 (0.3% away, 0.15 ATR, 20 touches)
- Major: 512.43 (0.9% away, 0.45 ATR, 39 touches)
- Major: 514.51 (1.3% away, 0.66 ATR, 22 touches)
Trends
Evidence
- Average earnings surprise
- +1.0%
- May 1, 2026: actual EPS 4.33 vs estimate 4.27 (surprise +1.4%)
- February 5, 2026: actual EPS 4.2 vs estimate 4.18 (surprise +0.5%)
- October 31, 2025: actual EPS 4.21 vs estimate 4.18 (surprise +0.8%)
- August 1, 2025: actual EPS 4.09 vs estimate 4.04 (surprise +1.4%)
Expected move
- Implied move
- +1.4%
- Source
- Options chain
Reactions over its last 20 earnings
- Median move
- 1.5%
- 75th percentile move
- 2.5%
- 90th percentile move
- 3.9%
- Up / down moves
- 12 / 8
- Average up move
- +1.8%
- Average down move
- -2.0%
Monitoring and close
What Linde plc reported
- Status
- Finished
| Actual EPS | 4.5 |
|---|---|
| EPS estimate | 4.48 |
| EPS surprise | +0.4% |
| Revenue | $9,300 million |
| Revenue estimate | $8,989 million |
| Revenue surprise | +3.5% |
Linde beat Q2 expectations with $9.3 billion sales, up 9%. The company raised 2026 guidance and invested $1 billion in Phoenix.
Sources (13)
- Linde plc Q2 2026 Earnings Call Summary (opens in a new tab) — Moby
- Linde Q2 Earnings Call Highlights (opens in a new tab) — MarketBeat
- Linde plc (LIN) Q2 2026 Earnings Call Transcript (opens in a new tab) — SeekingAlpha
- Linde (LIN) Q2 Earnings and Revenues Top Estimates (opens in a new tab) — Zacks
- Linde quarterly sales rise 9%, plans to invest $1 bln in Phoenix chip expansion (opens in a new tab) — Investing.com
- Linde plc 2026 Q2 - Results - Earnings Call Presentation (opens in a new tab) — SeekingAlpha
- Linde Sees Q3 Adj EPS $4.45-$4.55 vs $4.54 Est (opens in a new tab) — Benzinga
- Linde Raises FY2026 Adj EPS Guidance from $17.60-$17.90 to $17.70-$17.90 vs $17.90 Est (opens in a new tab) — Benzinga
- Linde beat expectations with adjusted earnings of $4.50 per share and sales of $9.300B, above forecasts. — Benzinga
- Linde Q2 Adj. EPS $4.50 Beats $4.48 Estimate, Sales $9.300B Beat $8.989B Estimate (opens in a new tab) — Benzinga
- Linde Reports Second-Quarter 2026 Results (opens in a new tab) — Yahoo
- Linde Will Invest $1B To Expand Its Existing On-site Industrial Gases Complex In Phoenix, Making The Site One Of Linde’s Largest Investments For An Electronics Customer Globally (opens in a new tab) — Benzinga
- Linde to Invest $1 Billion to Support Major U.S. Semiconductor Facility Expansion (opens in a new tab) — Yahoo
Pre-market second reading after the results
- Verdict
- Beat expectations
Heading into the open, results beat expectations on both earnings and revenue, and the price is indicating -2.9% pre-market, a move above the stock's usual reaction (about 1%). The figures don't confirm the prior scenario: there was no prior directional scenario to check against.