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Lennox International (LII) Tops Q3 Earnings and Revenue Estimates
ZACKS· 2024-10-23 12:55
Lennox International (LII) came out with quarterly earnings of $6.68 per share, beating the Zacks Consensus Estimate of $5.95 per share. This compares to earnings of $5.37 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 12.27%. A quarter ago, it was expected that this manufacturer of furnaces, air conditioners and other products would post earnings of $6.55 per share when it actually produced earnings of $6.83, delivering a su ...
Lennox International(LII) - 2024 Q3 - Quarterly Results
2024-10-23 10:56
Exhibit 99.1 Lennox Reports Third Quarter Results and Raises Full Year Guidance ____________________________________________________________________________ Q3 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 $1.5 billion – Core revenue up 15%, including 2% growth from acquisitions • GAAP Operating Income $303 million – Adjusted segment profit up 21% to $303 million • ...
Lennox Reports Third Quarter Results and Raises Full Year Guidance
Prnewswire· 2024-10-23 10:45
Q3 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 $1.5 billion – Core revenue up 15%, including 2% growth from acquisitionsGAAP Operating Income $303 million – Adjusted segment profit up 21% to $303 millionGAAP diluted EPS $6.68 – Adjusted diluted EPS up 24% to $6.68Net cash from operations was $452 million – Free cash flow was $412 million, up 50%Raising FY guidance to ...
Lennox Announces Chief Legal Officer Transition Plan
Prnewswire· 2024-10-23 10:42
DALLAS, Oct. 23, 2024 /PRNewswire/ -- Lennox (NYSE: LII) announced today that Executive Vice President, Chief Legal Officer and Secretary John Torres has elected to retire effective February 28, 2025, after a distinguished 16 years with the company. Monica Brown, Vice President and Deputy General Counsel, will succeed Torres as Executive Vice President, Chief Legal Officer and Secretary effective January 1, 2025. Torres's continued availability through February 2025 will ensure a smooth leadership transitio ...
Will Lennox (LII) Beat Estimates Again in Its Next Earnings Report?
ZACKS· 2024-10-21 17:15
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Lennox International (LII) , which belongs to the Zacks Building Products - Air Conditioner and Heating industry.This manufacturer of furnaces, air conditioners and other products has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 6.8 ...
Lennox Donates 400+ HVAC Units to Homeowners in Need to Provide Year-Round Comfort
Prnewswire· 2024-10-17 18:55
Through the Feel The Love program, sponsored by the LII Lennox Foundation, Lennox and its dealer network supply and install new HVAC units to local community heroes throughout North America. RICHARDSON, Texas, Oct. 17, 2024 /PRNewswire/ -- Marking its 15th year anniversary, Feel The Love, sponsored by the LII Lennox Foundation, donated 413 heating and cooling (HVAC) units to deserving homeowners during Installation Week, which occurred from October 5-12. Lennox and its dealer network in 45 U.S. states and s ...
This Lennox International Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Tuesday
Benzinga· 2024-10-15 13:18
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Considering buying LII stock? Here's what analysts think: Lennox International Inc has a consensus price target of $478.44 based on the ratings of 21 analysts. The high is $675 issued by Stephens & Co. on July 25, 2024. The low is $219 issued by Credit Suisse on October 28, 2022. The 3 most-recent analyst ratings were re ...
Lennox Schedules Third Quarter Results
Prnewswire· 2024-10-04 00:07
RICHARDSON, Texas, Oct. 3, 2024 /PRNewswire/ -- Lennox (NYSE: LII), a leader in energy-efficient climate control solutions, will report third quarter 2024 financial results before the market opens on Wednesday, October 23, 2024. An earnings conference call and webcast are scheduled for the same day at 8:30 a.m. Central Time. CEO Alok Maskara and CFO Michael Quenzer will provide a summary of the company's financial results and outlook, followed by a question-and-answer session. To participate in the earnings ...
Lennox Declares Quarterly Dividend
Prnewswire· 2024-09-20 15:09
DALLAS, Sept. 20, 2024 /PRNewswire/ -- The Lennox board of directors (NYSE: LII) approved a quarterly cash dividend of $1.15 per share of common stock, payable October 15, 2024, to stockholders of record as of September 30, 2024. About Lennox Lennox (NYSE: LII) is a leader in energy-efficient climate-control solutions. Dedicated to sustainability and creating comfortable and healthier environments for our residential and commercial customers while reducing their carbon footprint, we lead the field in innova ...
Lennox International, Inc. (LII) Hits Fresh High: Is There Still Room to Run?
ZACKS· 2024-08-01 14:15
Have you been paying attention to shares of Lennox International (LII) ? Shares have been on the move with the stock up 6.7% over the past month. The stock hit a new 52-week high of $594.65 in the previous session. Lennox International has gained 30.4% since the start of the year compared to the 19.1% move for the Zacks Construction sector and the 25.7% return for the Zacks Building Products - Air Conditioner and Heating industry. What's Driving the Outperformance? The stock has an impressive record of posi ...