We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Ahead of Lennox (LII) Q4 Earnings: Get Ready With Wall Street Estimates for Key Metrics
Read MoreHide Full Article
In its upcoming report, Lennox International (LII - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $4.76 per share, reflecting a decline of 15% compared to the same period last year. Revenues are forecasted to be $1.27 billion, representing a year-over-year decrease of 5.6%.
Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 2% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
With that in mind, let's delve into the average projections of some Lennox metrics that are commonly tracked and projected by analysts on Wall Street.
Analysts predict that the 'Net Sales- Building Climate Solutions' will reach $503.10 million. The estimate indicates a change of +9.9% from the prior-year quarter.
It is projected by analysts that the 'Net Sales- Home Comfort Solutions' will reach $769.74 million. The estimate indicates a year-over-year change of -13.3%.
According to the collective judgment of analysts, 'Segment Profit (loss)- Building Climate Solutions' should come in at $113.32 million. The estimate compares to the year-ago value of $98.80 million.
The average prediction of analysts places 'Segment Profit (loss)- Home Comfort Solutions' at $154.54 million. The estimate is in contrast to the year-ago figure of $192.60 million.
Over the past month, Lennox shares have recorded returns of +3.2% versus the Zacks S&P 500 composite's +0.4% change. Based on its Zacks Rank #4 (Sell), LII will likely underperform the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Ahead of Lennox (LII) Q4 Earnings: Get Ready With Wall Street Estimates for Key Metrics
In its upcoming report, Lennox International (LII - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $4.76 per share, reflecting a decline of 15% compared to the same period last year. Revenues are forecasted to be $1.27 billion, representing a year-over-year decrease of 5.6%.
Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 2% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
With that in mind, let's delve into the average projections of some Lennox metrics that are commonly tracked and projected by analysts on Wall Street.
Analysts predict that the 'Net Sales- Building Climate Solutions' will reach $503.10 million. The estimate indicates a change of +9.9% from the prior-year quarter.
It is projected by analysts that the 'Net Sales- Home Comfort Solutions' will reach $769.74 million. The estimate indicates a year-over-year change of -13.3%.
According to the collective judgment of analysts, 'Segment Profit (loss)- Building Climate Solutions' should come in at $113.32 million. The estimate compares to the year-ago value of $98.80 million.
The average prediction of analysts places 'Segment Profit (loss)- Home Comfort Solutions' at $154.54 million. The estimate is in contrast to the year-ago figure of $192.60 million.
View all Key Company Metrics for Lennox here>>>Over the past month, Lennox shares have recorded returns of +3.2% versus the Zacks S&P 500 composite's +0.4% change. Based on its Zacks Rank #4 (Sell), LII will likely underperform the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .