Lennox (LII) Set to Announce Q4 Earnings on January 28
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2h ago
0mins
Source: seekingalpha
- Earnings Announcement Date: Lennox (LII) is scheduled to announce its Q4 earnings on January 28 before market open, with a consensus EPS estimate of $4.74, reflecting a 15.4% year-over-year decline, indicating potential challenges in the current economic environment.
- Revenue Decline Forecast: The expected revenue for Q4 is $1.27 billion, down 5.9% year-over-year, suggesting that the company is facing sales pressures that could impact its market share and future growth potential.
- Historical Performance Review: Over the past two years, Lennox has beaten EPS estimates 100% of the time and revenue estimates 63% of the time, demonstrating some financial management capability, but the recent downward trend may affect investor confidence.
- Estimates Revision Dynamics: In the last three months, EPS estimates have seen one upward revision and seven downward revisions, while revenue estimates have experienced one upward revision and four downward revisions, indicating market concerns about the company's future performance.
Analyst Views on LII
Wall Street analysts forecast LII stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for LII is 577.90 USD with a low forecast of 475.00 USD and a high forecast of 680.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
11 Analyst Rating
3 Buy
6 Hold
2 Sell
Hold
Current: 512.410
Low
475.00
Averages
577.90
High
680.00
Current: 512.410
Low
475.00
Averages
577.90
High
680.00
About LII
Lennox International Inc. is focused on climate-control solutions. The Company designs, manufactures and markets a range of products for the heating, ventilation, air conditioning and refrigeration markets. The Company's segments include Home Comfort Solutions and Building Climate Solutions. Its Home Comfort Solutions segment's products and services include furnaces, air conditioners, heat pumps, packaged heating and cooling systems, indoor air quality equipment, replacement parts and supplies. Its brands include Lennox, Ducane, AirEase, Concord, MagicPak, Supco, among others. Its Building Climate Solutions segment's products and services include unitary heating and air conditioning equipment, applied systems, controls, installation and service of commercial heating and cooling equipment. Its brands include Enlight, Xion, Energence, Prodigy, Duro Dyne, among others. It sells its products and services through a combination of direct sales, distributors and Company-owned stores.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
