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BUZZ-Lennox falls after cutting FY profit forecast

Reuters
Oct 22
BUZZ-Lennox falls after cutting FY profit forecast

** Shares of climate control product maker Lennox LII.N fall nearly 4.2% to about $525.8 in morning trading after co cuts its FY profit forecast

** Co now expects 2025 adj EPS to be in the range of $22.75 to $23.25, from prior forecast of $23.25 to $24.25

** LII posts Q3 adj EPS of $6.98, missing estimates of $7.35, according to data compiled by LSEG, due to weak summer sales

** Co posts Q3 revenue of $1.43 bln, below analysts' estimate of $1.49 bln

** Six of 21 brokerages rate the stock "buy" or higher, 11 "hold" and four "sell" or lower; their median PT is $604, according to data compiled by LSEG

**Including session moves, shares down 13.7% YTD

(Reporting by Megavarshini G. Somasundaram in Bengaluru)

((Megavarshini.SomasundaramGnanasundari@thomsonreuters.com;))

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