Report
Brian Bernard
EUR 101.80 For Business Accounts Only

Lennox Raises 2018 EPS and Free Cash Flow Guidance After Closing Out a Record 2017

Lennox International enjoyed record-setting financial performance in 2017; the narrow-moat manufacturer of heating, ventilation, air conditioning, and refrigeration products achieved record full-year sales of $3.84 billion (up 5.4% year over year) and record adjusted EPS from continued operations of $7.92 (up 14%). The firm’s fourth-quarter performance was mixed in our view. In terms of revenue, record fourth-quarter residential and commercial HVAC sales were more than offset by about a 7% decli...
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Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Brian Bernard

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