* Q4 EPS $0.57 vs $0.46 yr ago
* Rev falls 12 pct
Feb 22 Welding products maker Lincoln Electric
Holdings Inc's (LECO.O) reported a 25 percent rise in quarterly
net profit, driven by cost saving initiatives.
For the fourth quarter, net income was $24.3 million, or 57
cents a share, compared with $19.5 million, or 46 cents a
share, a year ago.
Excluding special items, the company earned 65 cents a
Revenue for the company, which serves the construction,
transportation, metal fabrication and power markets, fell 12
percent to $462.4 million.
Analysts on average were expecting earnings of 63 cents a
share, on revenue of $454.3 million, according to Thomson
Shares of the Cleveland, Ohio-based company closed at
$51.65 Friday on Nasdaq.
(Reporting by Bhaswati Mukhopadhyay in Bangalore; Editing by