Linde stock slides after earnings beat as 2026 outlook turns the focus to demand
Linde shares fell 2.7% to $460.65 after the company posted full-year results and issued a 2026 earnings forecast. Adjusted fourth-quarter EPS reached $4.20 on $8.76 billion in revenue, both above estimates. For 2026, Linde expects EPS of $17.40 to $17.90 and capital spending up to $5.5 billion. CEO Sanjiv Lamba called the outlook “guarded” and “prudent.”