Lennox International (LII) Releases Earnings Results, Beats Expectations By $0.06 EPS

Lennox International (LII) announced its most recent quarterly financial results on Monday, Oct-17-2016. LII said it had a profit of $2.33 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.06. Analysts had a consensus of $2.27. The company posted revenue of $1010.00 million in the period, compared to analysts expectations of $1004.30 million. LII’s revenue was up 5.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.82 EPS.

Many Wall Street Analysts have commented on Lennox International. Lennox International was Downgraded by Susquehanna to ” Neutral” on Aug 15, 2016.

Lennox International closed down -1.45 points or -0.91% at $157.62 with 5,79,074 shares getting traded on Friday. Post opening the session at $160.17, the shares hit an intraday low of $157.34 and an intraday high of $162.29 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

In a different news, on Sep 2, 2016, John W Iii Norris (director) sold 1,000 shares at $161.73 per share price. According to the SEC, on Aug 16, 2016, Douglas L Young (EVP, President & COO RHC) sold 4,407 shares at $157.02 per share price. On Aug 2, 2016, Terry L Johnston (President and COO, Commercial) sold 2,113 shares at $156.35 per share price, according to the Form-4 filing with the securities and exchange commission.

Lennox International Inc. (LII) is a provider of climate control solutions. The Company designs manufactures and market a range of products for the heating ventilation air conditioning and refrigeration (HVACR) markets. The Company operates in three segments. The Residential Heating & Cooling segment’s products and services include furnaces air conditioners heat pumps packaged heating and cooling systems indoor air equipment comfort control products and replacement parts. The Commercial Heating & Cooling segment’s products and services include unitary heating and air conditioning equipment applied systems controls installation and service of commercial heating and cooling equipment. The Refrigeration segment’s products and services include condensing units unit coolers fluid coolers air cooled condensers air handlers process chillers controls compressorized racks supermarket display cases and systems.

Lennox International

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