Back to top

Lennox International (LII) Beats on Q2 Earnings and Revenues

Read MoreHide Full Article

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 3.17% over the last four trailing quarters, beating estimates in all the four sessions.

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:

Lennox International, Inc. Price, Consensus and EPS Surprise


Lennox International, Inc. Price, Consensus and EPS Surprise | Lennox International, Inc. Quote

Earnings: LII’s adjusted earnings came in at $3.67 per share in second-quarter of 2018, above the Zacks Consensus Estimate of $3.56 per share.
Revenue: The company posted net sales of $1.18 billion above the Zacks Consensus Estimate of $1.13 billion.

Key Stats to Note: LII raised 2018 guidance for adjusted EPS from continuing operations from $9.75-$10.35 to $9.95-$10.35.

Stock Price: Shares prices did not show any movement in the pre-market trading session.

Looking for Stocks with Skyrocketing Upside?

Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.      

Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.   

See the pot trades we're targeting>>

In-Depth Zacks Research for the Tickers Above

Normally $25 each - click below to receive one report FREE:

Lennox International, Inc. (LII) - free report >>

Published in