Lennox International (LII) Earnings Expected to Grow: Should You Buy?

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].