Lennox Raises FY23 Adj EPS Guidance From $15.50 - $16.00 To $17.25 - $17.75 Vs. $16.9 Est.
Portfolio Pulse from Benzinga Newsdesk
Lennox has increased its FY23 adjusted EPS guidance from $15.50 - $16.00 to $17.25 - $17.75, which is higher than the estimated $16.9.
October 26, 2023 | 10:51 am
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POSITIVE IMPACT
Lennox's raised FY23 EPS guidance could lead to a positive market reaction, potentially driving up the stock price.
Lennox's raised EPS guidance for FY23 indicates a better-than-expected financial performance. This positive news could lead to increased investor confidence and demand for the stock, potentially driving up its price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100