By Dieter Holger

Linde PLC's fourth-quarter rose, beating Wall Street's expectations.

The industrial gases maker said Friday its earnings were $1.45 a share for the quarter, compared with 94 cents a year earlier.

Adjusted earnings were $2.30 a share. Analysts polled by FactSet expected $2.16.

Sales rose to $7.3 billion in the quarter from $7.08 billion a year ago. Analysts expected sales of $7.08 billion.

For 2021, Linde said it expects adjusted earnings of $9.10 to $9.30 a share.

Linde's stock is down 5.4% for the year, versus the S&P 500's rise of 3.1%.

Write to Dieter Holger at dieter.holger@wsj.com

(END) Dow Jones Newswires

February 05, 2021 06:45 ET (11:45 GMT)

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