Lennox Raised FY24 EPS Guidance From $19.50 - $20.25 To $20.75 - $21.00 Vs. $20.35 Est., Revenue Guidance To About 10% With 2% Of Benefit From The AES Acquisition
Portfolio Pulse from Benzinga Newsdesk
Lennox has raised its FY24 EPS guidance from $19.50-$20.25 to $20.75-$21.00, surpassing the $20.35 estimate. Revenue guidance is increased to about 10%, with a 2% benefit from the AES acquisition.
October 23, 2024 | 10:48 am
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Lennox has increased its FY24 EPS guidance to $20.75-$21.00, exceeding the $20.35 estimate. The revenue guidance is also raised to about 10%, with a 2% contribution from the AES acquisition.
The increase in EPS guidance above estimates and the raised revenue guidance, partly due to the AES acquisition, indicates strong financial performance and growth prospects for Lennox. This is likely to positively impact the stock price in the short term.
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