Wall Street analysts expect that Lennox International Inc. (NYSE:LII) will report $1.46 earnings per share (EPS) for the current fiscal quarter, according to Zacks. Fourteen analysts have provided estimates for Lennox International’s earnings, with the highest EPS estimate coming in at $1.57 and the lowest estimate coming in at $1.30. Lennox International reported earnings of $1.68 per share in the same quarter last year, which would indicate a negative year over year growth rate of 13.1%. The firm is scheduled to issue its next earnings results on Tuesday, February 5th.

On average, analysts expect that Lennox International will report full-year earnings of $8.96 per share for the current fiscal year, with EPS estimates ranging from $8.80 to $9.06. For the next fiscal year, analysts expect that the business will report earnings of $11.69 per share, with EPS estimates ranging from $10.48 to $12.90. Zacks’ EPS averages are an average based on a survey of analysts that follow Lennox International.

Lennox International (NYSE:LII) last issued its earnings results on Monday, October 22nd. The construction company reported $2.72 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.92 by ($0.20). The business had revenue of $1.03 billion during the quarter, compared to the consensus estimate of $1.05 billion. Lennox International had a net margin of 8.31% and a negative return on equity of 474.74%. The firm’s revenue for the quarter was down 2.1% compared to the same quarter last year. During the same period last year, the business posted $2.53 EPS.

Several brokerages have recently issued reports on LII. TheStreet raised shares of Lennox International from a “c+” rating to a “b” rating in a research note on Monday, July 23rd. Stephens began coverage on shares of Lennox International in a research note on Monday. They issued an “equal weight” rating on the stock. Seaport Global Securities lowered shares of Lennox International from a “buy” rating to a “neutral” rating in a research note on Tuesday, July 24th. They noted that the move was a valuation call. Robert W. Baird reduced their target price on shares of Lennox International from $228.00 to $224.00 and set a “buy” rating on the stock in a research note on Tuesday, October 23rd. Finally, ValuEngine raised shares of Lennox International from a “hold” rating to a “buy” rating in a research note on Thursday, November 1st. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and five have assigned a buy rating to the company’s stock. Lennox International currently has an average rating of “Hold” and a consensus target price of $220.75.

Shares of NYSE LII traded up $0.59 during mid-day trading on Monday, hitting $216.45. The company’s stock had a trading volume of 183,600 shares, compared to its average volume of 331,837. The firm has a market capitalization of $8.70 billion, a PE ratio of 27.33, a price-to-earnings-growth ratio of 1.26 and a beta of 1.10. Lennox International has a one year low of $177.36 and a one year high of $229.98.

In related news, EVP Prakash Bedapudi sold 10,000 shares of Lennox International stock in a transaction that occurred on Tuesday, October 30th. The shares were sold at an average price of $207.00, for a total transaction of $2,070,000.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Joseph William Reitmeier sold 1,715 shares of Lennox International stock in a transaction that occurred on Friday, November 2nd. The stock was sold at an average price of $210.96, for a total transaction of $361,796.40. Following the transaction, the chief financial officer now directly owns 13,703 shares in the company, valued at approximately $2,890,784.88. The disclosure for this sale can be found here. Insiders have sold a total of 23,773 shares of company stock worth $4,939,041 in the last three months. 3.90% of the stock is owned by insiders.

A number of institutional investors have recently added to or reduced their stakes in the stock. Principal Financial Group Inc. boosted its stake in Lennox International by 2.6% during the 1st quarter. Principal Financial Group Inc. now owns 164,222 shares of the construction company’s stock worth $33,562,000 after acquiring an additional 4,147 shares during the last quarter. California Public Employees Retirement System raised its holdings in Lennox International by 11.0% during the 2nd quarter. California Public Employees Retirement System now owns 147,120 shares of the construction company’s stock worth $29,446,000 after buying an additional 14,598 shares during the period. Sumitomo Mitsui Trust Holdings Inc. raised its holdings in Lennox International by 2.7% during the 3rd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 122,524 shares of the construction company’s stock worth $26,759,000 after buying an additional 3,219 shares during the period. Canada Pension Plan Investment Board raised its holdings in Lennox International by 8,333.3% during the 3rd quarter. Canada Pension Plan Investment Board now owns 50,600 shares of the construction company’s stock worth $11,051,000 after buying an additional 50,000 shares during the period. Finally, Teachers Advisors LLC raised its holdings in Lennox International by 0.9% during the 3rd quarter. Teachers Advisors LLC now owns 47,035 shares of the construction company’s stock worth $10,272,000 after buying an additional 430 shares during the period. 67.59% of the stock is currently owned by institutional investors and hedge funds.

Lennox International Company Profile

Lennox International Inc, together with its subsidiaries, provides climate control solutions in the United States, Canada, and internationally. It designs, manufactures, and markets a range of products for the heating, ventilation, air conditioning, and refrigeration markets. The company operates in three segments: Residential Heating & Cooling, Commercial Heating & Cooling, and Refrigeration.

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Earnings History and Estimates for Lennox International (NYSE:LII)

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