SPX4,280.15+72.88 1.73%
DIA337.83+4.12 1.23%
IXIC13,047.19+267.27 2.09%

Recap: Lennox International Q2 Earnings

  Lennox International (NYSE:LII) reported its Q2 earnings results on Thursday, July 28, 2022 at 07:30 AM. Here's what investors need to know about the announcement.

Benzinga · 07/28/2022 08:13

 

Lennox International (NYSE:LII) reported its Q2 earnings results on Thursday, July 28, 2022 at 07:30 AM.

Here's what investors need to know about the announcement.

Earnings

Lennox International beat estimated earnings by 5.04%, reporting an EPS of $5.0 versus an estimate of $4.76.

Revenue was up $127.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.32 which was followed by a 6.22% drop in the share price the next day.

Here's a look at Lennox International's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 2.04 1.99 3.64 4.26
EPS Actual 2.36 2.35 3.40 4.57
Revenue Estimate 961.61M 957.47M 1.13B 1.15B
Revenue Actual 1.01B 964.80M 1.06B 1.24B

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

Lennox International management provided guidance for FY 2022, expecting earnings between $13.8 and $14.5 per share.

To track all earnings releases for Lennox International VISIT THEIR EARNINGS CALENDAR HERE.

This article was generated by Benzinga's automated content engine and reviewed by an editor.