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 $22.3 billion by market cap, Lennox employs over 12,000 people globally and operates in the U.S., Canada, India, and Europe. The company is gearing up to release its fourth-quarter results before the market opens on Wednesday, Jan. 29.
Ahead of the event, analysts expect Lennox to report a non-GAAP profit of $4.12 per share, up 13.5% from $3.63 per share reported in the year-ago quarter. Moreover, the company has a robust earnings surprise history. It has surpassed Wall Street’s bottom-line estimates in each of the past four quarters. Its adjusted EPS for the last reported quarter surged 24.4% year-over-year to $6.68, exceeding analysts’ estimates by 12.3%.
