Over the last four quarters, the company has surpassed consensus EPS estimates four times. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. While Lennox has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? Ahead of this earnings release, the estimate revisions trend for Lennox: favorable. Whil ...

Exhibit 99.1 Lennox Reports Second Quarter Results and Raises Full Year Profit Guidance ____________________________________________________________________________ Q2 Highlights Core revenue grew 8% to $1.45 billion. Adjusted segment profit rose 13% to $319 million. Adjusted segment margin was up 100 basis points to a record 21.9%. Adjusted diluted earnings per share rose 11% to $6.83. "Our growth strategy and disciplined execution continues to yield impressive results," said Chief Executive Officer, Alok ...

Q2 Highlights (All comparisons are year-over-year, unless otherwise noted) (Prior-year adjusted results and core revenue exclude European operations that were divested in the 4Q 2023) DALLAS, July 24, 2024 /PRNewswire/ -- Lennox (NYSE: LII), a leader in energy-efficient climate-control solutions, today reported second quarter financial results with $1.45 billion of revenue, a record $320 million of operating income and $6.87 GAAP diluted earnings per share. "Our growth strategy and disciplined execution con ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Lennox International (LII) , which belongs to the Zacks Building Products - Air Conditioner and Heating industry, could be a great candidate to consider. For the last reported quarter, Lennox came out with earnings of $3.47 per share versus the Zacks Consensus Estimate of $3.17 per share, representing a surprise of 9.46%. For the previous quarter, the ...

The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 24. On the other hand, if they miss, the stock may move lower. This manufacturer of furnaces, air conditioners and other products is expected to post quarterly earnings of $6.54 per share in its upcoming report, which represents a year-over-year change of +6.3%. The consensus EPS estimate for the quarter has been revised 0.23% higher over the last 30 days to the current ...

Below, we take a look at Lennox International (LII) , which currently has a Momentum Style Score of B. We also discuss some of the main drivers of the Momentum Style Score, like price change and earnings estimate revisions. Set to Beat the Market? For LII, shares are up 1.79% over the past week while the Zacks Building Products - Air Conditioner and Heating industry is down 0.11% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 5.99% compa ...

Lennox was named to the 2024 U.S. News & World Report Best Companies to Work For list with a distinction for Best in Manufacturing. Lennox India Technology Centre earned its third consecutive Great Place to Work certification. "At Lennox, we know that it's the determination and dedication of our employees that ultimately make the biggest difference for our customers. This recognition is a testament to our efforts to create a workplace where all employees can thrive", commented Dan Sessa, Lennox Executive Vi ...

Lennox International (LII) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. Individual investors often find it hard to make decisions based on rating upgrades by Wall Street analysts, since these are mostly driven by subjective factors that are hard to see and measure in real time. In these situations, the Zacks rating system co ...

Forbes Home recognized Lennox as the Best Overall and Most Efficient Air Conditioner brand and ranked it among the top HVAC companies. The Lennox S40 Smart Thermostat unlocks the full potential of Lennox® heating and cooling systems while optimizing comfort and energy savings for homeowners. The Lennox S40 Smart Thermostat unlocks the full potential of Lennox® heating and cooling systems while optimizing comfort and energy savings for homeowners. "This prestigious recognition from Forbes Home is an honor re ...

New Joint Venture for World-Class Ductless Mini Split, AC, Heat Pump and VRF Solutions "It is a great pleasure to take the first step in creating a long-term HVAC industry-leading partnership with Lennox," said KS Choi, President and Chief Executive Officer of Samsung Electronics America. "Our collaboration, focused on advanced HVAC product offerings and customer networks in the growing ductless segment, will bring new solutions to the market. We look forward to launching innovative technologies together in ...