Workflow
Lennox International(LII)
icon
Search documents
Lennox Joins S&P 500 Index
Prnewswire· 2024-12-23 12:30
Group 1 - Lennox has been included in the S&P 500 Index, recognizing its growth, innovation, and leadership in climate control solutions [1][5] - The S&P 500 Index is a key indicator of the U.S. large-cap market, comprising 500 leading companies across various sectors, with inclusion based on market capitalization and financial performance [2] - The CEO of Lennox, Alok Maskara, emphasized that this achievement reflects the success of the company's growth strategy and the trust of stakeholders, celebrating 130 years of industry leadership [3] Group 2 - Lennox is recognized as a leader in energy-efficient climate-control solutions, focusing on sustainability and creating healthier environments for residential and commercial customers [3][5] - The company is committed to innovation in HVACR products, prioritizing comfort and efficiency in its offerings [5]
Lennox Recognized on Wall Street Journal's 2024 List of Best-Managed Companies
Prnewswire· 2024-12-19 18:03
Lennox was named to the Wall Street Journal's list of 2024 Best-Managed Companies, highlighting its commitment to business excellence and strategic growth. DALLAS, Dec. 19, 2024 /PRNewswire/ -- Lennox (NYSE: LII), a leading provider of innovative climate control solutions, was selected for the Wall Street Journal's prestigious list of 2024 Best-Managed Companies for the second consecutive year. The Drucker Institute developed the Management Top 250 ranking and measures corporate management by examining cust ...
Lennox International Set to Join S&P 500 and BILL Holdings to Join S&P MidCap 400
Prnewswire· 2024-12-18 22:46
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: ...
Lennox's Transformation Plan Helps Drive Higher Bottom Lines
Seeking Alpha· 2024-11-17 17:56
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]
Lennox Introduces Most Efficient Air Conditioner with Low GWP
Prnewswire· 2024-11-07 15:40
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]
Lennox International(LII) - 2024 Q3 - Quarterly Report
2024-10-23 16:51
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 ________________ ...
Compared to Estimates, Lennox (LII) Q3 Earnings: A Look at Key Metrics
ZACKS· 2024-10-23 14:35
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]
Lennox International (LII) Tops Q3 Earnings and Revenue Estimates
ZACKS· 2024-10-23 12:55
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]
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 Donates 400+ HVAC Units to Homeowners in Need to Provide Year-Round Comfort
Prnewswire· 2024-10-17 18:55
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]