Lennox International (NYSE:LII) issued an update on its FY18 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $8.65-9.25 for the period, compared to the Thomson Reuters consensus estimate of $9.13. The company issued revenue guidance of +3-7% vs. +5.7% consensus, compared to the consensus revenue estimate of $4.08 billion.Lennox International also updated its FY17 guidance to $7.75-8.05 EPS.

Shares of Lennox International (LII) opened at $206.68 on Wednesday. The stock has a market capitalization of $8,626.30, a P/E ratio of 26.61, a price-to-earnings-growth ratio of 1.31 and a beta of 1.22. The company has a current ratio of 1.24, a quick ratio of 0.72 and a debt-to-equity ratio of 23.87. Lennox International has a 12-month low of $147.54 and a 12-month high of $213.78.

Lennox International (NYSE:LII) last announced its earnings results on Monday, October 23rd. The construction company reported $2.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.44 by $0.09. The firm had revenue of $1.05 billion during the quarter, compared to analysts’ expectations of $1.04 billion. Lennox International had a return on equity of 1,657.93% and a net margin of 7.88%. The company’s revenue was up 4.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.33 earnings per share. equities analysts forecast that Lennox International will post 7.92 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 16th. Stockholders of record on Friday, December 29th will be given a $0.51 dividend. The ex-dividend date is Thursday, December 28th. This represents a $2.04 annualized dividend and a dividend yield of 0.99%. Lennox International’s dividend payout ratio is 28.90%.

LII has been the subject of several research reports. Credit Suisse Group reissued a neutral rating and issued a $180.00 price objective (up from $171.00) on shares of Lennox International in a research report on Tuesday, October 24th. Wolfe Research reissued a peer perform rating on shares of Lennox International in a research report on Tuesday, October 3rd. Morgan Stanley upped their target price on Lennox International from $161.00 to $166.00 and gave the company an underweight rating in a research note on Monday, September 25th. Stifel Nicolaus restated a hold rating and issued a $171.00 target price on shares of Lennox International in a research note on Thursday, September 7th. Finally, Wells Fargo & Company upped their target price on Lennox International from $190.00 to $193.00 and gave the company a market perform rating in a research note on Friday, October 6th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the stock. Lennox International has an average rating of Hold and an average price target of $186.67.

In related news, EVP Prakash Bedapudi sold 3,201 shares of Lennox International stock in a transaction that occurred on Thursday, November 16th. The stock was sold at an average price of $196.25, for a total value of $628,196.25. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, insider Gary S. Bedard sold 369 shares of the business’s stock in a transaction that occurred on Thursday, November 30th. The stock was sold at an average price of $204.47, for a total value of $75,449.43. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 16,781 shares of company stock worth $3,257,758. 3.60% of the stock is currently owned by insiders.

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Lennox International Company Profile

Lennox International Inc is a provider of climate control solutions. The Company designs, manufactures and markets a range of products for the heating, ventilation, air conditioning and refrigeration (HVACR) markets. It operates through three segments: Residential Heating & Cooling; Commercial Heating & Cooling, and Refrigeration.

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

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