NEW YORK, Dec. 18, 2024 /PRNewswire/ -- S&P MidCap 400 constituent Lennox International Inc. (NYSE: LII) will replace Catalent Inc. (NYSE: CTLT) in the S&P 500, and BILL Holdings Inc. (NYSE: BILL) will replace Lennox International in the S&P MidCap 400 effective prior to the opening of trading on Monday, December 23. Novo Holdings A/S has acquired Catalent in a deal that closed today, December 18.Following is a summary of the changes that will take place prior to the open of trading on the effective date: ...

Group 1 - Lennox International Inc. (NYSE: LII) has received several Hold and Sell ratings due to a significant share price increase of 51.17% over the past year [1] - Despite the mixed ratings, there is a more bullish perspective on the company's future performance [1] Group 2 - The article is authored by Robert F. Abbott, who has been involved in investment since 1995 and has experience with options trading [1]

Core Insights - Lennox has launched the SL25KCV Air Conditioner, which is touted as the most precise and efficient air conditioner in the industry, featuring a SEER2 rating of up to 26.00 [1][2][3] Product Features - The SL25KCV Air Conditioner is designed to deliver unmatched efficiency, helping homeowners lower energy bills while maintaining a cool and quiet environment [3] - It incorporates Precise Comfort® technology, allowing for fine-tuning of cooling output to match energy use [3] - The unit operates at a noise level as low as 58 dB, comparable to a microwave, thanks to SilentComfort™ technology and a variable-speed compressor [6] Regulatory Compliance - The introduction of the SL25KCV aligns with the upcoming phase-down of high-hydrofluorocarbon (HFC) refrigerants mandated by the American Innovation and Manufacturing (AIM) Act and the U.S. Environmental Protection Agency (EPA), effective January 1, 2025 [4] - The SL25KCV uses low global warming potential (GWP) refrigerants, ensuring compliance with updated EPA regulations [4][5] Industry Trends - A survey indicated that 81% of homeowners prioritize the installation of high-efficiency HVAC equipment for potential savings, with 91% citing lower monthly bills as the most appealing benefit [3] - Lennox is committed to sustainability and operational efficiency, as stated by the Chief Technology Officer, emphasizing the importance of innovative HVAC solutions [5] Technology Integration - The SL25KCV features digital communication capabilities that enhance control when paired with the S40 Smart Thermostat, facilitating seamless diagnostics and automatic system adjustments [5] - Quantum™ Coil technology and high-quality materials are utilized to prevent corrosion and ensure durability [6]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 _________________________________________________ FORM 10-Q _________________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____to ______ Commission file number 001-15149 ________________ ...

Core Insights - Lennox International (LII) reported revenue of $1.5 billion for the quarter ended September 2024, reflecting a year-over-year increase of 9.7% [1] - Earnings per share (EPS) for the quarter was $6.68, up from $5.37 in the same quarter last year, representing a surprise of +12.27% over the consensus estimate of $5.95 [1] Financial Performance - Revenue exceeded the Zacks Consensus Estimate by +6.16%, which was $1.41 billion [1] - Net Sales for Building Climate Solutions reached $465.30 million, slightly above the average estimate of $459.78 million from 15 analysts [1] - Net Sales for Home Comfort Solutions amounted to $1.03 billion, significantly surpassing the average estimate of $946.70 million [1] - Segment Profit for Corporate and other was reported at -$29.10 million, worse than the estimated loss of -$26.64 million [1] - Segment Profit for Building Climate Solutions was $105.90 million, slightly below the average estimate of $107.51 million [1] - Segment Profit for Home Comfort Solutions was $226.50 million, exceeding the average estimate of $197.27 million [1] Stock Performance - Lennox shares have returned -4.3% over the past month, contrasting with the Zacks S&P 500 composite's +2.7% change [2] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [2]

Company Performance - Lennox International (LII) reported quarterly earnings of $6.68 per share, exceeding the Zacks Consensus Estimate of $5.95 per share, and up from $5.37 per share a year ago, representing an earnings surprise of 12.27% [1] - The company achieved revenues of $1.5 billion for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 6.16%, compared to $1.37 billion in the same quarter last year [1] - Over the last four quarters, Lennox has consistently surpassed consensus EPS estimates four times and revenue estimates two times [1] Stock Performance - Lennox shares have increased by approximately 32.8% since the beginning of the year, outperforming the S&P 500's gain of 22.7% [2] - The current consensus EPS estimate for the upcoming quarter is $4.13 on revenues of $1.2 billion, and for the current fiscal year, it is $20.38 on revenues of $5.11 billion [4] Industry Outlook - The Building Products - Air Conditioner and Heating industry, to which Lennox belongs, is currently ranked in the bottom 31% of over 250 Zacks industries, indicating potential challenges ahead [5] - Another company in the same industry, Aaon (AAON), is expected to report quarterly earnings of $0.58 per share, reflecting a year-over-year decline of 9.4%, with a revenue expectation of $317.46 million, up 1.8% from the previous year [5]

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 • ...

Core Insights - The "Feel The Love" program, sponsored by the LII Lennox Foundation, has donated 413 HVAC units to deserving homeowners during its 15th anniversary Installation Week from October 5-12, 2024 [1][2] - The program aims to support local heroes facing financial challenges or difficult circumstances by providing efficient heating and cooling solutions [2][3] - Since its inception in 2009, over 2,750 families have benefited from the "Feel The Love" initiative, showcasing Lennox's commitment to community support [3][5] Company Overview - Lennox International Inc. (NYSE: LII) is a leader in energy-efficient climate-control solutions, focusing on sustainability and innovation in heating, cooling, and indoor air quality systems [4] - The LII Lennox Foundation, established in 2023, aims to enhance charitable initiatives in health, education, and the environment, committing to give back up to 1% of its net income annually [6] Program Details - The "Feel The Love" program collaborates with HVAC installers and community members across the U.S. and Canada to deliver HVAC units at no cost to those in need [5] - The donated HVAC units are designed to be energy-efficient, helping to lower energy bills and reduce greenhouse gas emissions, reflecting Lennox's dedication to long-term community investments [2]

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 ...

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 ...