WNEW YORK, NY / ACCESSWIRE / April 20, 2020 / Lennox International, Inc. (NTSE:LII) will be discussing their earnings results in their 2020 First Quarter Earnings call to be held on April 20, 2020 at 9:30 ...
Lennox International is now accepting nominations for its Feel The Love program, which is expanding its focus this year to bring hope and support to medical professionals, essential workers and those on the frontlines of the COVID-19 pandemic. Lennox and its dealers understand these are uniquely challenging times and look forward to benefiting the brave workforce who continues to serve the community every day.
Lennox International Inc. (NYSE: LII) announced today that the 2020 Annual Meeting of Stockholders (the "Annual Meeting") will be held in a virtual format due to the impact of the COVID-19 pandemic and to support the health and well-being of the Company's stockholders and management.
Lennox International Inc. (NYSE: LII) today announced plans to report first quarter 2020 financial results before the market opens on Monday, April 20, 2020. A conference call is scheduled for the same day at 8:30 a.m. Central time. All interested parties are invited to listen as Chairman and CEO Todd Bluedorn and CFO Joe Reitmeier comment on the company's financial results and outlook, followed by Q&A;.
Q1 2020 Lennox International Inc Earnings Call
The evolving debt crisis and how investors can avoid the worst of it Continue reading...
Shares of Lennox International (NYSE:LII) fell 15% in pre-market trading after the company reported Q1 results.Quarterly Results Earnings per share fell 66.67% year over year to $0.56, which might not be comparable to the estimate of $1.11.Revenue of $723,800,000 less by 8.41% from the same period last year, which missed the estimate of $766,960,000.Looking Ahead Lennox International hasn't issued any earnings guidance for the time being.Revenue guidance hasn't been issued by the company for now.Conference Call Details Date: Apr 20, 2020View more earnings on LIITime: 09:01 AM ETWebcast URL: https://edge.media-server.com/mmc/p/8x35othmTechnicals Company's 52-week high was at $298.4952-week low: $163.40Price action over last quarter: down 24.20%Company Profile Lennox International manufactures and distributes residential and commercial heating, ventilation, air conditioning, and refrigeration products to replacement (75% of sales) and new construction (25% of sales) markets. In fiscal 2019 (adjusted for refrigeration divestitures), residential HVAC was 61% of sales, commercial HVAC was 25%, and refrigeration accounted for the remaining 14% of sales. The company goes to market with multiple brands, but Lennox is the company's flagship HVAC brand. The Texas-based company generated 93% of adjusted 2019 sales in North America.See more from Benzinga * Recap: Halliburton Q1 Earnings * Recap: Ally Financial Q1 Earnings * Recap: Community Bank System Q1 Earnings(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Cowen & Co. analyst Gautam Khanna maintained a Hold rating on Lennox International (NYSE:LII) on Wednesday, setting a price target of $190, which is approximately 1.77% above the present share price of $186.7.
Lennox International Inc. (NYSE: LII) today reported financial results for the first quarter of 2020. All comparisons are to the prior-year period. The company's insurance references relate to the July 2018 tornado damage at a Residential manufacturing facility in Iowa. Adjusted revenue and profit exclude non-core Refrigeration businesses divested in prior periods.
The number of U.S. cases of the coronavirus that causes COVID-19 moved closer to 800,000 on Monday, as President Donald Trump offered support for protesters flouting state and local government rules on staying-at-home in an effort to contain the spread.
Lennox International's (LII) first-quarter 2020 results are hurt by adverse weather conditions and the outbreak of COVID-19 pandemic.
The former United Technologies business says global warming, increased urbanization, and a growing middle class should drive demand for its heating and cooling products.
Lennox International Inc. (NYSE: LII) today announced that Chairman and CEO Todd Bluedorn is scheduled to present at the Goldman Sachs Industrials and Materials Conference, being held virtually, on Thursday, May 14, beginning at 1:00 p.m. Eastern time. A live webcast and presentation materials can be accessed on the company's website at www.lennoxinternational.com.
Stocks trading with margin of safety Continue reading...
Lennox International Inc. (NYSE: LII) today announced that Chairman and CEO Todd Bluedorn is scheduled to present at the KeyBanc Capital Markets Industrials & Basic Materials Virtual Conference on Thursday, May 28. Presentation materials can be accessed on the company's website at www.lennoxinternational.com.
Lennox International Inc. (NYSE:LII), which is in the building business, and is based in United States, saw a decent...
The air conditioning and heating company has been battered recently after a heady 10 years of growth Continue reading...
Today is shaping up negative for Lennox International Inc. (NYSE:LII) shareholders, with the analysts delivering a...
Citing a low valuation relative to peers, J.P. Morgan analyst Stephen Tusa on Monday initiated coverage of (CARR) a leading maker of cooling and heating systems, with an Overweight rating. “The stock is cheap at ~10x trough EPS, the only one in the sector at that level, with a discount (65%) versus directly comparable peers rarely seen, the basis for our view that the stock could double over the next 12 months,” Tusa wrote in a 56-page report. Carrier (ticker CARR), whose shares were up 4%, to $14.30, in early trading Monday, trades for about 10 times the Wall Street consensus estimate of $1.40 a share for 2020.
Shares of Lennox International Inc. plummeted 16% toward a 3-year low in premarket trading Monday, after the heating and air conditioning company reported a first-quarter profit that was well below expectations, and slashed its full-year outlook, citing warmer-than-usual weather and the impact of the COVID-19 pandemic. Net income fell to $12.9 million, or 33 cents a share, from $69.3 million, or $1.73 a share, in the year-ago period. Excluding non-recurring items, adjusted earnings per share came to 56 cents, below the FactSet consensus of $1.07. Sales dropped 8.4% to $723.8 million, missing the FactSet consensus of $759.8 million, as residential heating and cooling revenue fell 5% to $442 million, below expectations of $475.4 million. Given current expectations that the heating, ventilation and air conditioning (HVAC) and refrigeration market will decline 20% this year because of the COVID-19 pandemic, the company cut its 2020 adjusted EPS outlook to $7.50 to $8.50 from $11.30 to $11.90, and said it now expects revenue to decline 11% to 17%, compared with previous expectations of a decline of 4% to 8%. Separately, Lennox said it's dividend payment plans remain unchanged, with the most recent quarterly dividend paid at 77 cents a share. The stock, which is on track to open at the lowest price seen since February 2017, has tumbled 24.6% year to date through Friday, while the S&P 500 has lost 11.0%.