Richardson, Texas-based Lennox International Inc. (LII) designs and manufactures a range of products for the heating, ventilation, air conditioning, and refrigeration markets. Valued at $18.2 billion by market cap, Lennox employs over 14,000 people globally and operates in the U.S., Canada, India, and Europe. The company is gearing up to release its first-quarter results before the market opens on Wednesday, Apr. 23.
Ahead of the event, analysts expect Lennox to report a non-GAAP profit of $3.18 per share, down 8.4% from $3.47 per share reported in the year-ago quarter. On a positive note, Lennox has a robust earnings surprise history and surpassed the Street’s earnings estimates in each of the past four quarters.
