Equities analysts expect that Lennox International Inc. (NYSE:LII) will report $2.53 earnings per share (EPS) for the current quarter, according to Zacks. Nineteen analysts have made estimates for Lennox International’s earnings, with estimates ranging from $2.43 to $2.63. Lennox International reported earnings of $1.93 per share during the same quarter last year, which indicates a positive year over year growth rate of 31.1%. The firm is scheduled to announce its next quarterly earnings report on Tuesday, February 4th.
On average, analysts expect that Lennox International will report full year earnings of $11.27 per share for the current year, with EPS estimates ranging from $11.16 to $11.37. For the next year, analysts expect that the company will report earnings of $11.74 per share, with EPS estimates ranging from $11.15 to $12.33. Zacks’ EPS averages are an average based on a survey of sell-side analysts that follow Lennox International.
Lennox International (NYSE:LII) last posted its earnings results on Monday, October 21st. The construction company reported $3.34 earnings per share for the quarter, missing the Zacks’ consensus estimate of $3.41 by ($0.07). Lennox International had a net margin of 9.83% and a negative return on equity of 199.10%. The company had revenue of $1.03 billion during the quarter, compared to the consensus estimate of $1.02 billion. During the same quarter in the prior year, the business earned $2.72 EPS. The firm’s revenue for the quarter was up .3% compared to the same quarter last year.
In other Lennox International news, CEO Todd M. Bluedorn sold 8,095 shares of Lennox International stock in a transaction that occurred on Tuesday, October 29th. The shares were sold at an average price of $248.06, for a total transaction of $2,008,045.70. Following the transaction, the chief executive officer now directly owns 110,588 shares of the company’s stock, valued at $27,432,459.28. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Joseph William Reitmeier sold 4,646 shares of the business’s stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $250.40, for a total transaction of $1,163,358.40. Following the completion of the sale, the chief financial officer now directly owns 19,706 shares of the company’s stock, valued at $4,934,382.40. The disclosure for this sale can be found here. In the last 90 days, insiders sold 14,491 shares of company stock valued at $3,617,814. 3.40% of the stock is owned by corporate insiders.
Institutional investors and hedge funds have recently bought and sold shares of the stock. UBS Asset Management Americas Inc. lifted its position in Lennox International by 29.8% in the second quarter. UBS Asset Management Americas Inc. now owns 159,876 shares of the construction company’s stock valued at $43,966,000 after purchasing an additional 36,679 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in shares of Lennox International by 3.7% during the second quarter. Bank of New York Mellon Corp now owns 427,029 shares of the construction company’s stock valued at $117,432,000 after purchasing an additional 15,160 shares during the period. Aubrey Capital Management Ltd purchased a new stake in shares of Lennox International during the second quarter valued at approximately $2,805,000. California Public Employees Retirement System grew its holdings in shares of Lennox International by 9.1% in the third quarter. California Public Employees Retirement System now owns 80,794 shares of the construction company’s stock worth $19,631,000 after purchasing an additional 6,770 shares during the last quarter. Finally, Paloma Partners Management Co bought a new position in shares of Lennox International in the second quarter worth approximately $1,560,000. Institutional investors and hedge funds own 68.16% of the company’s stock.
Shares of NYSE:LII opened at $262.83 on Friday. The stock’s fifty day simple moving average is $251.02 and its two-hundred day simple moving average is $258.19. Lennox International has a 1-year low of $203.63 and a 1-year high of $298.49. The stock has a market cap of $10.13 billion, a PE ratio of 27.90, a price-to-earnings-growth ratio of 1.17 and a beta of 0.86.
Lennox International Company Profile
Lennox International, Inc engages in the design, manufacture, and marketing of products for heating, ventilation, air conditioning, and refrigeration. It operates through the following business segments: Residential Heating and Cooling, Commercial Heating and Cooling, and Refrigeration. The Residential Heating and Cooling segment manufactures and markets furnaces, air conditioners, heat pumps, packaged heating and cooling systems, equipment, and accessories.
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