Lennox International LII reported its Q1 earnings results on Monday, April 25, 2022 at 07:30 AM.
Here's what investors need to know about the announcement.
Earnings
Lennox International beat estimated earnings by 15.69%, reporting an EPS of $2.36 versus an estimate of $2.04.
Revenue was up $82.50 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.36 which was followed by a 1.85% drop in the share price the next day.
Here's a look at Lennox International's past performance:
Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
---|---|---|---|---|
EPS Estimate | 1.99 | 3.64 | 4.26 | 1.31 |
EPS Actual | 2.35 | 3.40 | 4.57 | 2.27 |
Revenue Estimate | 957.47M | 1.13B | 1.15B | 790.95M |
Revenue Actual | 964.80M | 1.06B | 1.24B | 930.50M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Lennox International management provided guidance for FY 2022, expecting earnings between $13.5 and $14.5 per share.
To track all earnings releases for Lennox International visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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