Climate control solutions innovator Lennox International (NYSE:LII) will be announcing earnings results tomorrow before market hours. Here’s what investors should know.

Lennox beat analysts’ revenue expectations by 5.9% last quarter, reporting revenues of $1.50 billion, up 9.6% year on year. It was a stunning quarter for the company, with a solid beat of analysts’ organic revenue and adjusted operating income estimates.

Is Lennox a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Lennox’s revenue to grow 6.7% year on year to $1.23 billion, improving from the 5.6% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $4.23 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Lennox has missed Wall Street’s revenue estimates three times over the last two years.

Looking at Lennox’s peers in the building products segment, some have already reported their Q4 results, giving us a hint as to what we can expect. Insteel delivered year-on-year revenue growth of 6.6%, beating analysts’ expectations by 10.4%, and Apogee reported flat revenue, topping estimates by 2.8%. Insteel traded up 8.7% following the results while Apogee was down 26.2%.

Read our full analysis of Insteel’s results here and Apogee’s results here.

There has been positive sentiment among investors in the building products segment, with share prices up 4.2% on average over the last month. Lennox is up 6.8% during the same time and is heading into earnings with an average analyst price target of $613.71 (compared to the current share price of $655).

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