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JPMorgan 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 (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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