Lennox Intl Q1 2024 Adj EPS $3.47 Beats $3.16 Estimate, Sales $1.047B Miss $1.050B Estimate
Portfolio Pulse from Benzinga Newsdesk
Lennox Intl (LII) reported Q1 2024 adjusted EPS of $3.47, surpassing the $3.16 estimate, but its sales of $1.047B slightly missed the $1.050B forecast, marking a 0.19% decrease from the previous year.
April 24, 2024 | 10:46 am
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Lennox Intl reported a higher-than-expected Q1 2024 EPS but slightly missed sales estimates, with a minor year-over-year decline.
The positive earnings surprise could lead to a short-term positive sentiment among investors, offset by the slight miss in sales and a minor year-over-year decline. The mixed results make the short-term impact neutral as the positive earnings could balance out concerns over sales performance.
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