Recap: Lennox International Q1 Earnings

Lennox International LII reported its Q1 earnings results on Monday, April 25, 2022 at 07:30 AM.

Here's what investors need to know about the announcement.

Lennox International beat estimated earnings by 15.69%, reporting an EPS of $2.36 versus an estimate of $2.04.

Revenue was up $82.50 million from the same period last year.

Last quarter the company beat on EPS by $0.36 which was followed by a 1.85% drop in the share price the next day.

Here's a look at Lennox International's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	1.99	3.64	4.26	1.31
EPS Actual	2.35	3.40	4.57	2.27
Revenue Estimate	957.47M	1.13B	1.15B	790.95M
Revenue Actual	964.80M	1.06B	1.24B	930.50M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Lennox International management provided guidance for FY 2022, expecting earnings between $13.5 and $14.5 per share.

To track all earnings releases for Lennox International visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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