Linde's Bumpy Ride: What's Behind the Volatility? Linde plc's recent earnings report sent its shares plummeting after Jim Cramer labeled the move "stupid. " However, the situation is more complex.
On one hand, Linde posted impressive second quarter numbers, exceeding analyst estimates in revenue and beating projections by a penny in adjusted earnings per share.
On the other hand, its operating margin took a hit, dropping to 29. 5% from 31. 0%, while EBITDA margins fell short of expectations.