LIN · PEAD → 41

Linde reported Q1 2026 EPS of $4.33 on 2026-04-30, beating the $4.27 consensus by $0.06 (+1.4%).

Print-day reaction was -0.7% versus the prior close, a mild pullback that left the stock slightly below its pre-earnings level. The overnight gap into the next session recovered 0.4%, suggesting the initial sell-off did not deepen after hours. Over the following two trading days the price drifted -1.5%, extending losses and failing to sustain the gap recovery. Cumulative abnormal return of -2.6% versus SPY.US falls short of the ±3% PEAD threshold, yielding a none verdict; the signal holds through 2026-07-28.