Lennox International(LII)
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Why Lennox (LII) is Poised to Beat Earnings Estimates Again
ZACKS· 2024-07-17 17:15
Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Lennox International (LII) , which belongs to the Zacks Building Products - Air Conditioner and Heating industry, could be a great candidate to consider. For the last reported quarter, Lennox came out with earnings of $3.47 per share versus the Zacks Consensus Estimate of $3.17 per share, representing a surprise of 9.46%. For the previous quarter, the ...
Lennox International (LII) Earnings Expected to Grow: Should You Buy?
ZACKS· 2024-07-17 15:08
Core Viewpoint - Lennox International is expected to report a year-over-year increase in earnings and revenues, with analysts predicting an earnings per share (EPS) of $6.54, reflecting a 6.3% increase compared to the previous year [2][18]. Earnings Expectations - The consensus EPS estimate has been revised 0.23% higher in the last 30 days, indicating a positive reassessment by analysts [3]. - Revenues are projected to be $1.47 billion, representing a 4.2% increase from the same quarter last year [10]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates a positive Earnings ESP of +0.28% for Lennox, suggesting a higher likelihood of an earnings beat [6]. - Historically, Lennox has beaten consensus EPS estimates in the last four quarters, which may influence expectations for the upcoming report [8]. Analyst Sentiment - The Most Accurate Estimate for Lennox is higher than the Zacks Consensus Estimate, indicating a bullish sentiment among analysts regarding the company's earnings prospects [6]. - The stock currently holds a Zacks Rank of 2 (Buy), which enhances the predictive power of the Earnings ESP [14]. Historical Performance - In the last reported quarter, Lennox was expected to post earnings of $3.17 per share but exceeded expectations with earnings of $3.47, resulting in a surprise of +9.46% [23]. - The company's ability to consistently meet or exceed consensus estimates in the past is a factor analysts consider when making future earnings predictions [15]. Conclusion - Overall, Lennox appears to be a strong candidate for an earnings beat, but investors should also consider other factors that may influence stock performance ahead of the earnings release [25].
Lennox International (LII) Is Up 1.79% in One Week: What You Should Know
ZACKS· 2024-07-10 17:01
Below, we take a look at Lennox International (LII) , which currently has a Momentum Style Score of B. We also discuss some of the main drivers of the Momentum Style Score, like price change and earnings estimate revisions. Set to Beat the Market? For LII, shares are up 1.79% over the past week while the Zacks Building Products - Air Conditioner and Heating industry is down 0.11% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 5.99% compa ...
Lennox Recognized for its Inclusive, Reputable Work Culture and Manufacturing Excellence by U.S. News & World Report and Great Place to Work
Prnewswire· 2024-07-09 14:00
Core Insights - Lennox has been recognized in the 2024 U.S. News & World Report Best Companies to Work For list, receiving a distinction for Best in Manufacturing [1][4] - The company emphasizes the importance of employee determination and dedication in enhancing customer experience, highlighting its commitment to creating a thriving workplace [2][4] - Lennox is a leader in energy-efficient climate-control solutions, focusing on sustainability and innovation in HVACR systems [3][4] Employee Development and Culture - Lennox invests in employee development through various career resources and continuous learning opportunities [2][5] - The company promotes an inclusive workplace culture, as evidenced by its Great Place to Work certification at Lennox India Technology Centre for three consecutive years [1][4] - Comprehensive benefits are offered to support employee wellness, including paid volunteer time off and wellness days [5] Company Overview - Lennox (NYSE: LII) specializes in innovative climate solutions, aiming to reduce carbon footprints while enhancing comfort and health for residential and commercial customers [3][4] - The company provides extensive training programs covering leadership and technical skills, along with a tuition reimbursement program for lifelong learning [5]
Lennox (LII) Upgraded to Buy: Here's Why
ZACKS· 2024-06-28 17:01
Lennox International (LII) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. Individual investors often find it hard to make decisions based on rating upgrades by Wall Street analysts, since these are mostly driven by subjective factors that are hard to see and measure in real time. In these situations, the Zacks rating system co ...
Lennox Named Best Overall and Most Efficient Air Conditioner Brand by Forbes Home
Prnewswire· 2024-06-17 12:47
Forbes Home recognized Lennox as the Best Overall and Most Efficient Air Conditioner brand and ranked it among the top HVAC companies. The Lennox S40 Smart Thermostat unlocks the full potential of Lennox® heating and cooling systems while optimizing comfort and energy savings for homeowners. The Lennox S40 Smart Thermostat unlocks the full potential of Lennox® heating and cooling systems while optimizing comfort and energy savings for homeowners. "This prestigious recognition from Forbes Home is an honor re ...
Samsung and Lennox Announce the Establishment of a Joint Venture for Ductless Mini Split, AC, Heat Pump, and Variable Refrigerant Flow HVAC Systems in the United States and Canada
Prnewswire· 2024-05-28 09:00
New Joint Venture for World-Class Ductless Mini Split, AC, Heat Pump and VRF Solutions "It is a great pleasure to take the first step in creating a long-term HVAC industry-leading partnership with Lennox," said KS Choi, President and Chief Executive Officer of Samsung Electronics America. "Our collaboration, focused on advanced HVAC product offerings and customer networks in the growing ductless segment, will bring new solutions to the market. We look forward to launching innovative technologies together in ...
Lennox appoints Jon Vander Ark to board of directors
prnewswire.com· 2024-05-23 18:03
DALLAS, May 23, 2024 /PRNewswire/ -- Lennox (NYSE: LII) today announced the appointment of Jon Vander Ark as a member of its board of directors, effective June 1, 2024. Mr. Vander Ark is the President and Chief Executive Officer and a Director of Republic Services, Inc. ("Republic"), a publicly traded company that is one of the largest providers of environmental services in the United States, as measured by revenue. Jon Vander Ark appointed to Lennox Board of Directors.Jon Vander Ark appointed to Lennox Boa ...
Lennox to increase quarterly dividend
prnewswire.com· 2024-05-20 18:16
Lennox (NYSE: LII) is a leader in energy-efficient climate-control solutions. Dedicated to sustainability and creating comfortable and healthier environments for our residential and commercial customers while reducing their carbon footprint, we lead the field in innovation with our cooling, heating, indoor air quality, and refrigeration systems. Additional information on Lennox is available at www.lennox.comor by contacting [email protected]. DALLAS, May 20, 2024 /PRNewswire/ -- The board of directors ofLen ...
Lennox Announces Low GWP Refrigerant Rollout for Commercial and Residential HVAC Products
Prnewswire· 2024-05-09 12:47
Lennox announces the rollout of low GWP HVAC products, emphasizing sustainability, flexibility, and superior performance. RICHARDSON, Texas, May 9, 2024 /PRNewswire/ -- Lennox (NYSE: LII), a leading provider of innovative climate solutions, announced the rollout of low global warming potential (GWP) light commercial and ducted residential HVAC products to meet the 2025 low GWP Refrigerant regulations. The transition to low GWP refrigerants represents a positive step for the environment, as it significantly ...