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Market Overview

Lennox International's Earnings: A Preview


On Tuesday, February 02, Lennox International (NYSE:LII) will report its last quarter's earnings. Here is Benzinga's preview of the company's release.

Net Income, Earnings, And Earnings Per Share

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Analysts expect Lennox International earnings of $2.65 per share. Revenue will likely be around $884.80 million, according to the consensus estimate. In the same quarter last year, Lennox International reported EPS of $2.45 on revenue of $885.00 million.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.

The analyst consensus estimate would represent a 8.16% increase in the company's EPS figure. Sales would have fallen 0.02% from the same quarter last year. Lennox International's reported EPS has stacked up against analyst estimates in the past like this:

Quarter Q3 2020 Q2 2020 Q1 2020 Q4 2020
EPS Estimate 3.15 2.52 1.11 2.45
EPS Actual 3.53 2.97 0.56 2.45
Revenue Estimate 994.45 M 877.27 M 766.96 M 881.80 M
Revenue Actual 1.05 B 941.30 M 723.80 M 885.00 M

Stock Performance

Over the last 52-week period, shares are up 16.73%. Given that these returns are generally positive, long-term shareholders can be content going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Lennox International is scheduled to hold the call at 09:30:00 ET and can be accessed here.


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Posted-In: BZI-EPEarnings