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.
LII has a positive average earnings surprise of 7.56% over the last four trailing quarters, beating estimates in all the four sessions.
Currently, LII has a Zacks Rank #3 (Hold), 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 $1.68 per share in fourth-quarter of 2017, above the Zacks Consensus Estimate of $1.66 per share.
Revenue: The company posted net sales of $891.8 million below the Zacks Consensus Estimate of $909 million.
Key Stats to Note: Including the benefits of the new U.S. tax legislation, LII anticipates to report earnings within the range of $9.75-$10.35 per share range in 2018. Top line growth for 2018 is predicted to lie within 3-7%. The company is poised to grow on the back of sturdier segmental performance, new growth investments and greater operational efficacy.
Stock Price: At the time of writing, the stock price of LII was down nearly 0.5% ($1.06) in the pre-market trade on Nasdaq. Clearly the initial reaction to the release is negative. We view the company’s weaker-than-expected top line performance during the reported quarter as the primary reason behind the sentiment.
As of Feb 5, 2018, LII’s closed the trading session at $196 per share.
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From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
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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.
LII has a positive average earnings surprise of 7.56% over the last four trailing quarters, beating estimates in all the four sessions.
Currently, LII has a Zacks Rank #3 (Hold), 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 $1.68 per share in fourth-quarter of 2017, above the Zacks Consensus Estimate of $1.66 per share.
Revenue: The company posted net sales of $891.8 million below the Zacks Consensus Estimate of $909 million.
Key Stats to Note: Including the benefits of the new U.S. tax legislation, LII anticipates to report earnings within the range of $9.75-$10.35 per share range in 2018. Top line growth for 2018 is predicted to lie within 3-7%. The company is poised to grow on the back of sturdier segmental performance, new growth investments and greater operational efficacy.
Stock Price: At the time of writing, the stock price of LII was down nearly 0.5% ($1.06) in the pre-market trade on Nasdaq. Clearly the initial reaction to the release is negative. We view the company’s weaker-than-expected top line performance during the reported quarter as the primary reason behind the sentiment.
As of Feb 5, 2018, LII’s closed the trading session at $196 per share.
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
Click here for the 6 trades >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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