BUZZ - Lennox shares fall after lowering earnings expectations for 2026
路透社2026/10/28 11:23October 28 - ** Shares of climate control solutions provider Lennox International (LII.N) fell about 7% in pre-market trading to $346.46
** Lennox lowered its annual profit forecast due to competitive pressure and ongoing cost inflation
** LII cut its adjusted earnings per share forecast for 2026 from the previous expectation of $23 to $24 to $21 to $21.50
** The company reported third-quarter adjusted earnings per share of $6.84, below the analyst average estimate of $7.36 compiled by LSEG
** The company reported third-quarter net sales of $1.57 billion, below the analyst estimate of $1.58 billion
** As of the previous trading day's close, the stock had declined 23.4% year to date
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