Lennox International, Inc. (NYSE:LII) is reporting third quarter earnings results on Monday 19th October 2020, before market open.
The consensus estimates from Thomson Reuters are income of $ 3.15 per share.
For the full year, analysts predict revenues of $ 3490.96 million, while looking forward to income of $ 8.83 per share.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 3,207.00 million ~ $ 3,396.00 million, where as bottomline are predicted in a range of $ 7.90 ~ $ 8.70 per share
Click Here For More Historical Outlooks Of Lennox International, Inc.
Previous Quarter Performance
Lennox International, Inc. announced income for the second quarter of $ 2.60 per share, from the revenue of $ 941.30 million, On adjusted basis, LII reported income for the quarter of $ 2.97 per share. The quarterly earnings reduced 7.14 percent while revenues dropped 14.36 percent compared with the same quarter last year. According to street consensus, LII was expected to report 2Q20 income of $ 2.52 per share from revenue of $ 877.27 million. The bottom line results beat street analysts by $ 0.45 or 17.86 percent, at the same time, top line results outshined analysts by $ 64.03 million or 7.30 percent.
Stock Performance
On Friday, shares of Lennox International, Inc. has traded high as $ 291.31 and has cracked $ 287.07 on the downward trend, reaching $ 288.22 with volume of 229.30 thousand shares.
According to the previous trading day, closing price of $ 288.22, representing a 76.35 % increase from the 52 week low of $ 163.40 and a 1.21 % decrease over the 52 week high of $ 291.70.
The company has a market capital of $ 11.03 billion and is part of the Industrials sector and Diversified Industrials industry.
Recent Analyst recommendations
- On 13th October 2020, maintained by Morgan Stanley at Underweight rating, with $ 208.00 target price.
- On 13th October 2020, initiated by Jefferies Financial Group at Hold rating, with $ 295.00 target price.
Conference Call
Lennox International, Inc. will be hosting a conference call at 9:30 AM eastern time on 19th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.lennoxinternational.com
Lennox International Inc., through its subsidiaries, provides climate control solutions in North America, Europe, Russia, Turkey, the Middle East, and internationally. It designs, manufactures, and markets a range of products for the heating, ventilation, air conditioning, and refrigeration markets. The company operates in three segments: Residential Heating & Cooling, Commercial Heating & Cooling, and Refrigeration.
