Lennox International Caps Year of Record Revenue, Profit and Cash Generation in 2018 and Reiterates Outlook for Strong Growth and Profitability in 2019
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Lennox International (LII) PT Raised to $253 at Credit Suisse
February 6, 2019 8:28 AM ESTCredit Suisse analyst John Walsh raised the price target on Lennox International (NYSE: LII) to $253.00 (from $234.00) while maintaining a Outperform rating.
... MoreLennox (LII) Reports In-Line Q4 EPS, Revenues Miss; Offers FY19 EPS Mid-Point Guidance Below Consensus
February 5, 2019 7:34 AM ESTLennox (NYSE: LII) reported Q4 EPS of $1.93, in-line with the analyst estimate of $1.93. Revenue for the quarter came in at $844 million versus the consensus estimate of $848.25 million.
"Lennox International posted a record year for revenue, profitability, and cash generation in 2018 while working through the challenges from tornado damage at a large manufacturing facility and further focusing our business portfolio with refrigeration divestitures in Australia, Asia and South America," said Chairman and CEO Todd Bluedorn. "We plan another divestiture in 2019 with the sale of the Kysor Warren business within our Refrigeration segment to... More
