Lennox International Reports Fourth Quarter Results and Reiterates 2020 Guidance
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Lennox International (LII) Negative Sentiment 'Nearing a Bottom' - William Blair
February 4, 2020 1:49 PM ESTWilliam Blair analyst Ryan Merkel reiterated an Outperform rating on Lennox International (NYSE: LII) following results
calls quarter 'fairly uneventful'says negative sentiment nearing a bottom.For an analyst ratings summary and ratings history on Lennox International... More
Lennox (LII) Reports In-Line Q4 EPS, Revenues Beat; Reiterates FY20 EPS Mid-Point Guidance Below Consensus
February 4, 2020 7:38 AM ESTLennox (NYSE: LII) reported Q4 EPS of $2.45, in-line with the analyst estimate of $2.45. Revenue for the quarter came in at $885 million versus the consensus estimate of $881.8 million.
"Weather was a headwind to growth in the last three quarters of 2019, but the company posted records for adjusted revenue, margin and profit for the year and had strong cash generation,\" said Chairman and CEO Todd Bluedorn. "In 2019, we completed the divestiture of non-core Refrigeration businesses, operationally recovered from the tornado, and resumed capturing share in the market. We introduced new products in 2019 and continued to make... More
