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Lennox International, Inc. (LII - Free Report) offers premium and innovative climate control products in the global ventilation, heating, refrigeration and air conditioning markets. Residential Heating & Cooking, Commercial Heating & Cooking and Refrigeration are the three major business segments of the company. The company’s innovation-based business growth strategy helps it strengthen its product portfolio and makes its operations more cost effective.
However, certain industry-specific issues such as appreciating U.S. dollar and extensive business rivalry might partially offset the aforesaid positives and thus dampen LII's earnings.
In the last four trailing quarters, LII reported better-than-expected results in three out of four trailing quarters, while lagged behind in one. Average earnings surprise is a positive 3.14%.
We have highlighted some of the key stats from this just-revealed announcement below:
Earnings: LII’s adjusted earnings came in at $1.50 per share in fourth-quarter of 2016, above the Zacks Consensus Estimate of $1.40 per share.
Revenue: The company posted net sales of $897.3 million above the Zacks Consensus Estimate of $880 million.
Key Stats to Note: LII is poised to grow on the back of stronger demand, new investments and greater operational efficacy. The company anticipates earnings within the range of $7.55 to $8.15 per share and expects to generate year over year revenue growth within the range of 3% to 7% for whole year 2017. Notably, LII aims to repurchase stock worth $250 million by 2017-end.
Stock Price: As of Feb 6, 2017 LII’s closed the trading session at $157.34 per share.
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Lennox (LII) Q4 Earnings & Revenues Beat Estimates
Lennox International, Inc. (LII - Free Report) offers premium and innovative climate control products in the global ventilation, heating, refrigeration and air conditioning markets. Residential Heating & Cooking, Commercial Heating & Cooking and Refrigeration are the three major business segments of the company. The company’s innovation-based business growth strategy helps it strengthen its product portfolio and makes its operations more cost effective.
However, certain industry-specific issues such as appreciating U.S. dollar and extensive business rivalry might partially offset the aforesaid positives and thus dampen LII's earnings.
In the last four trailing quarters, LII reported better-than-expected results in three out of four trailing quarters, while lagged behind in one. Average earnings surprise is a positive 3.14%.
Currently, LII has a Zacks Rank #2 (Buy), but that could definitely change after the release of its upcoming earnings report. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
We have highlighted some of the key stats from this just-revealed announcement below:
Earnings: LII’s adjusted earnings came in at $1.50 per share in fourth-quarter of 2016, above the Zacks Consensus Estimate of $1.40 per share.
Revenue: The company posted net sales of $897.3 million above the Zacks Consensus Estimate of $880 million.
Key Stats to Note: LII is poised to grow on the back of stronger demand, new investments and greater operational efficacy. The company anticipates earnings within the range of $7.55 to $8.15 per share and expects to generate year over year revenue growth within the range of 3% to 7% for whole year 2017. Notably, LII aims to repurchase stock worth $250 million by 2017-end.
Stock Price: As of Feb 6, 2017 LII’s closed the trading session at $157.34 per share.
Lennox International, Inc. Price
Lennox International, Inc. Price | Lennox International, Inc. Quote
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In this latest Special Report, Zacks’ Aggressive Growth Strategist Brian Bolan explores a full-blown technological breakthrough in the making – autonomous cars. He also spotlights 8 stocks with tremendous gain potential to feed off this phenomenon. Click to see the stocks right now >>