Lennox International Inc reports results for the quarter ended in June - Earnings Summary
24/07/2024 16:21
* Lennox International Inc LII.N reported quarterly
adjusted
earnings of $6.83 per share for the quarter ended in June,
higher than the same quarter last year, when the company
reported EPS of $6.15. The mean expectation of
seventeen analysts for the quarter was for earnings of $6.57 per
share. Wall Street expected results to range from $6.40
to $6.70 per share.
* Revenue rose 2.8% to $1.45 billion from a year ago;
analysts
expected $1.48 billion.
* Lennox International Inc's reported EPS for the quarter
was
$6.87.
* The company reported quarterly net income of $245.9
million.
* Lennox International Inc shares had risen by 6.4% this
quarter and gained 27.2% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by
about 1.3%
in the last three months.
* In the last 30 days, there have been no negative revisions
of
earnings estimates
RECOMMENDATIONS
* The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 11
"hold" and 2 "sell" or "strong sell."
* The average consensus recommendation for the electrical
components & equipment peer group is also "hold"
Wall Street's median 12-month price target for Lennox
International Inc is $566.00
This summary was machine generated from LSEG data July 24 at
03:21 p.m. UTC. All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Jun. 30 2024 6.57 6.83 Beat
Mar. 31 2024 3.16 3.47 Beat
Dec. 31 2023 3.46 3.63 Beat
Sep. 30 2023 4.78 5.37 Beat