Lennox International (LII) Q4 Earnings and Revenues Top Estimates

Core Insights - Lennox International (LII) reported quarterly earnings of $5.60 per share, exceeding the Zacks Consensus Estimate of $4.23 per share, and up from $3.63 per share a year ago [1][2] - The company achieved a revenue of $1.35 billion for the quarter, surpassing the Zacks Consensus Estimate by 8.71%, compared to $1.15 billion in the same quarter last year [3] - The stock has gained approximately 8.8% since the beginning of the year, outperforming the S&P 500's gain of 3.2% [4] Earnings Performance - The earnings surprise for the recent quarter was 32.39%, and the company has surpassed consensus EPS estimates in all four quarters over the past year [2] - The current consensus EPS estimate for the upcoming quarter is $3.72, with expected revenues of $1.09 billion, and for the current fiscal year, the estimate is $23.19 on revenues of $5.54 billion [8] Industry Context - Lennox operates within the Zacks Building Products - Air Conditioner and Heating industry, which is currently ranked in the top 23% of over 250 Zacks industries [9] - The industry has shown a strong correlation between near-term stock movements and trends in earnings estimate revisions, indicating potential for future performance [6] Future Outlook - The estimate revisions trend for Lennox is currently mixed, resulting in a Zacks Rank 3 (Hold), suggesting the stock is expected to perform in line with the market in the near future [7] - The upcoming earnings report from Trane Technologies, a competitor in the same industry, is anticipated to provide further context for the market [10][11]