News to Track: Lennox International Inc. (NYSE:LII)

Lennox International Inc. (NYSE:LII) spotted trading -4.54% off 52-week high price. On the other end, the stock has been noted 70.42% away from the low price over the last 52-weeks. The stock changed -3.39% to recent value of $278.45. The stock transacted 637048 shares during most recent day however it has an average volume of 240.99K shares. The company has 38.20M of outstanding shares and 34.47M shares were floated in the market.

On Oct. 19, 2020, Lennox International Inc. (NYSE:LII) released financial results for the third quarter of 2020. All comparisons are to the prior-year period. The company’s prior-year insurance references relate to the July 2018 tornado damage at a Residential manufacturing facility in Iowa. Adjusted revenue and profit for the first nine months of 2019 exclude non-core Refrigeration businesses divested in the first half of that year.

Lennox International reported record third-quarter revenue of $1.06 billion, up 2%. GAAP operating income was a third-quarter record $167 million, up 7%. GAAP earnings per share from continuing operations was a record $3.42, up 16%. The third quarter of 2019 included an insurance benefit of $2 million.

Total adjusted segment profit was a third-quarter record $177 million, up 1% from the prior-year quarter that included $16 million of insurance benefit. Total adjusted segment margin was 16.7% compared to the third-quarter record 17.0% in the prior-year quarter with the insurance benefit. Adjusted earnings per share from continuing operations was a third-quarter record $3.53, up 6%.

Its earnings per share (EPS) expected to touch remained 16.90% for this year while earning per share for the next 5-years is expected to reach at -0.20%. LII has a gross margin of 27.60% and an operating margin of 13.50% while its profit margin remained 9.50% for the last 12 months.

According to the most recent quarter its current ratio was 1.3 that represents company’s ability to meet its current financial obligations. The price moved ahead of 0.70% from the mean of 20 days, 0.55% from mean of 50 days SMA and performed 17.84% from mean of 200 days price. Company’s performance for the week was -3.79%, 4.04% for month and YTD performance remained 14.13%.

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