financetom
Business
financetom
/
Business
/
Lennox Q1 Adjusted Net Income Rises, Net Sales Unchanged; 2024 EPS Outlook Adjusted
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Lennox Q1 Adjusted Net Income Rises, Net Sales Unchanged; 2024 EPS Outlook Adjusted
Apr 24, 2024 6:00 AM

08:35 AM EDT, 04/24/2024 (MT Newswires) -- Lennox International ( LII ) reported Q1 adjusted net income Wednesday of $3.47 per diluted share, up from $2.83 a year earlier.

Analysts polled by Capital IQ expected $3.15.

Net sales for the quarter ended March 31 were $1.05 billion, unchanged from a year earlier.

Analysts surveyed by Capital IQ expected $1.05 billion.

For full-year 2024, the company said it now expects EPS in the range of $19 to $20, compared with its prior outlook of $18.50 to $20. Analysts polled by Capital IQ expect $19.75.

Shares of the company were up 2.8% in recent Wednesday premarket activity.

Price: 490.00, Change: +13.34, Percent Change: +2.80

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
BRIEF-Elis Confirms Preliminary Approach To Vestis Regarding A Potential Acquisition
BRIEF-Elis Confirms Preliminary Approach To Vestis Regarding A Potential Acquisition
Sep 6, 2024
Sept 6 (Reuters) - Elis SA: * CONFIRMS IT HAS MADE A PRELIMINARY APPROACH TO VESTIS REGARDING A POTENTIAL ACQUISITION * THERE CAN BE NO ASSURANCE THAT THESE DISCUSSIONS WILL RESULT IN SIGNING OF A TRANSACTION OR OTHER AGREEMENT * ANY TRANSACTION, SHOULD ONE BE AGREED, WOULD BE IN LINE WITH ELIS' COMMITMENTS TO ITS SHAREHOLDERS Source text for Workspace:...
Blackstone to buy Australia's AirTrunk in $16 billion deal
Blackstone to buy Australia's AirTrunk in $16 billion deal
Sep 6, 2024
(Reuters) -Blackstone will acquire Australian data centre group AirTrunk for an implied enterprise value of over A$24 billion ($16.10 billion), it said on Wednesday, in what would be Blackstone's largest investment in the Asia Pacific region. The alternative assets manager, along with Canada Pension Plan Investment Board, is acquiring AirTrunk from Macquarie Asset Management and the Public Sector Pension Investment...
Heroux-Devtek Shareholders Approve $1.35-Billion Acquisition by Platinum Equity
Heroux-Devtek Shareholders Approve $1.35-Billion Acquisition by Platinum Equity
Sep 6, 2024
12:54 PM EDT, 09/06/2024 (MT Newswires) -- Heroux-Devtek ( HERXF ) said Friday shareholders overwhelmingly approved its $1.35-billion acquisition by Platinum Equity Advisors. The company, which makes aircraft landing gear. said the acquisition was back by more than 99% of votes cast by shareholders. The waiting period has expired under the United States Hart-Scott-Rodino Antitrust Improvements Act of 1976, as...
Durov says Telegram will tackle criticism of how it moderates content
Durov says Telegram will tackle criticism of how it moderates content
Sep 6, 2024
(Reuters) -Telegram boss Pavel Durov said on Friday that the messaging app would tackle criticism of its content moderation and remove some features that had been abused for illegal activity. Durov, who was last week placed under formal investigation in France in connection with the use of Telegram for crimes including fraud, money laundering and sharing images of child sex...
Copyright 2023-2026 - www.financetom.com All Rights Reserved