Lennox Intl Q4 Adj. EPS $3.63 Beats $3.46 Estimate, Sales $1.16B Beat $1.13B Estimate
Portfolio Pulse from Benzinga Newsdesk
Lennox International Inc. (LII) reported Q4 adjusted earnings per share (EPS) of $3.63, surpassing the consensus estimate of $3.46, and marking a 40.7% increase from $2.58 per share in the same quarter last year. Sales reached $1.16 billion, exceeding the $1.13 billion estimate and representing a 5.58% increase from $1.09 billion in the prior year's quarter.
January 31, 2024 | 11:48 am
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POSITIVE IMPACT
Lennox International Inc. reported strong Q4 results with both EPS and sales exceeding analyst estimates, indicating robust year-over-year growth.
The positive earnings report from Lennox International Inc. is likely to instill investor confidence and could lead to a short-term uptick in the stock price. Beating both EPS and sales estimates by a notable margin, especially with significant year-over-year growth, is typically viewed favorably by the market.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100