Lennox International, Inc. (NYSE:LII) Q2 2024 Earnings Conference Call July 24, 2024 9:30 AM ET Company Participants Chelsey Pulcheon – Investor Relations Alok Maskara – Chief Executive Officer Michael Quenzer – Executive Vice President and Chief Financial Officer Conference Call Participants Ryan Merkel – William Blair Damian Karas – UBS Tommy Moll – Stephens Inc. Jeff Sprague – Vertical Research Partners Nigel Coe – Wolfe Research Julian Mitchell – Barclays Noah Kaye – Oppenheimer Joe Ritchie – Goldman Sa ...

For the quarter ended June 2024, Lennox International (LII) reported revenue of $1.45 billion, up 2.8% over the same period last year. EPS came in at $6.83, compared to $6.15 in the year-ago quarter. The reported revenue represents a surprise of -1.37% over the Zacks Consensus Estimate of $1.47 billion. With the consensus EPS estimate being $6.55, the EPS surprise was +4.27%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Stre ...

INTEGRITY | RESPECT | EXCELLENCE {{{{ SECOND QUARTER 2024 EARNINGS RELEASE JULY 24, 2024 FORWARD-LOOKING STATEMENTS & NON-GAAP FINANCIAL MEASURES The statements in this presentation that are not historical statements, including statements regarding the 2024 full-year outlook and expected consolidated and segment financial results, as well as financial targets for future years, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking sta ...

Over the last four quarters, the company has surpassed consensus EPS estimates four times. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. While Lennox has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? Ahead of this earnings release, the estimate revisions trend for Lennox: favorable. Whil ...

Exhibit 99.1 Lennox Reports Second Quarter Results and Raises Full Year Profit Guidance ____________________________________________________________________________ Q2 Highlights (All comparisons are year-over-year, unless otherwise noted) (Prior-year adjusted results and core revenue exclude European operations that were divested in the 4Q 2023) • Revenue $1.45 billion – Core revenue up 8%, including 2% growth from acquisitions • GAAP Operating Income $320 million – Adjusted segment profit up 13% to $319 m ...

Q2 Highlights (All comparisons are year-over-year, unless otherwise noted) (Prior-year adjusted results and core revenue exclude European operations that were divested in the 4Q 2023) DALLAS, July 24, 2024 /PRNewswire/ -- Lennox (NYSE: LII), a leader in energy-efficient climate-control solutions, today reported second quarter financial results with $1.45 billion of revenue, a record $320 million of operating income and $6.87 GAAP diluted earnings per share. "Our growth strategy and disciplined execution con ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Lennox International (LII) , which belongs to the Zacks Building Products - Air Conditioner and Heating industry, could be a great candidate to consider. For the last reported quarter, Lennox came out with earnings of $3.47 per share versus the Zacks Consensus Estimate of $3.17 per share, representing a surprise of 9.46%. For the previous quarter, the ...

The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 24. On the other hand, if they miss, the stock may move lower. This manufacturer of furnaces, air conditioners and other products is expected to post quarterly earnings of $6.54 per share in its upcoming report, which represents a year-over-year change of +6.3%. The consensus EPS estimate for the quarter has been revised 0.23% higher over the last 30 days to the current ...

Below, we take a look at Lennox International (LII) , which currently has a Momentum Style Score of B. We also discuss some of the main drivers of the Momentum Style Score, like price change and earnings estimate revisions. Set to Beat the Market? For LII, shares are up 1.79% over the past week while the Zacks Building Products - Air Conditioner and Heating industry is down 0.11% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 5.99% compa ...

Lennox was named to the 2024 U.S. News & World Report Best Companies to Work For list with a distinction for Best in Manufacturing. Lennox India Technology Centre earned its third consecutive Great Place to Work certification. "At Lennox, we know that it's the determination and dedication of our employees that ultimately make the biggest difference for our customers. This recognition is a testament to our efforts to create a workplace where all employees can thrive", commented Dan Sessa, Lennox Executive Vi ...