Lennox Reports Record Fourth Quarter and Full Year 2023 Results; Increases Long-Term Financial Targets and Provides FY 2024 Guidance
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JPMorgan Downgrades Lennox International (LII) to Underweight 'On Cycle Concerns'
February 1, 2024 5:43 AM ESTJPMorgan analyst Stephen Tusa downgraded Lennox International (NYSE: LII) from Neutral to Underweight with a price target of $330.00 (from $370.00).
The analyst comments "We commend LIIs CEO for strong execution on commercial margins in the recent recovery period, but we are downgrading Lennox to UW... More
Lennox (LII) Tops Q4 EPS by 15c, Beats on Revenue; Offers FY24 EPS Guidance
January 31, 2024 6:49 AM ESTLennox (NYSE: LII) reported Q4 EPS of $3.63, $0.15 better than the analyst estimate of $3.48. Revenue for the quarter came in at $1.2 billion versus the consensus estimate of $1.14 billion.
GUIDANCE:
Lennox sees FY2024 EPS of $18.50-$20.00, versus the consensus of $19.80.
For earnings history and earnings-related data on Lennox (LII) click here.
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