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Market Overview

Recap: Lennox International Q3 Earnings

Share:

Shares of Lennox International (NYSE:LII) were flat in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share rose 5.69% over the past year to $3.53, which beat the estimate of $3.15.

Revenue of $1,055,000,000 rose by 2.13% from the same period last year, which beat the estimate of $994,450,000.

Guidance

The upcoming fiscal year's EPS expected to be between $9.05 and $9.65.

The upcoming fiscal year's revenue expected to be between $3,433,000,000 and $3,584,000,000.

How To Listen To The Conference Call

Date: Oct 19, 2020

Time: 09:30 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/qboxowba

Technicals

52-week high: $291.70

Company's 52-week low was at $163.40

Price action over last quarter: Up 13.46%

Company Description

Lennox International manufactures and distributes residential and commercial heating, ventilation, air conditioning, and refrigeration products to replacement (75% of sales) and new construction (25% of sales) markets. In fiscal 2019 (adjusted for refrigeration divestitures), residential HVAC was 61% of sales, commercial HVAC was 25%, and refrigeration accounted for the remaining 14% of sales. The company goes to market with multiple brands, but Lennox is the company's flagship HVAC brand. The Texas-based company generated 93% of adjusted 2019 sales in North America.

 

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Posted-In: Earnings News

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