Lennox Raises FY23 EPS Outlook From $14.25 - $15.25 To $15.50 - $16.00 Vs. $15.38 Est.
Portfolio Pulse from Benzinga Newsdesk
Lennox has increased its FY23 EPS outlook from $14.25 - $15.25 to $15.50 - $16.00, which is higher than the estimated $15.38.
July 27, 2023 | 10:55 am
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POSITIVE IMPACT
Lennox's raised FY23 EPS outlook could potentially lead to a positive impact on its stock price.
Lennox's raised EPS outlook for FY23 indicates that the company expects higher profitability than previously estimated. This could lead to increased investor confidence and a potential rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100