Lennox International Reports Record Profit in Second Quarter

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Buckingham Research Downgrades Lennox International (LII) to Neutral

July 21, 2015 9:32 AM EDT

Buckingham Research downgraded Lennox International (NYSE: LII) from Buy to Neutral with a price target of $119 (unchanged).

For an analyst ratings summary and ratings history on Lennox International click here. For more ratings news on Lennox International click here.

Shares of Lennox International closed at $116.39 yesterday.

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Lennox Int'l (LII) Tops Q2 EPS by 3c; Narrows FY15 EPS Range

July 20, 2015 8:01 AM EDT

Lennox Int'l (NYSE: LII) reported Q2 EPS of $1.84, $0.03 better than the analyst estimate of $1.81. Revenue for the quarter came in at $993 million versus the consensus estimate of $990.42 million.

Lennox Int'l sees FY2015 EPS of $5.25-$5.50, versus prior guidance of $5.20-$5.60 and the consensus of $5.36.

"Lennox International posted record profits in the second quarter with margin expansion across all three of our businesses," said Chairman and CEO Todd Bluedorn.... More