Compared to Estimates, Lennox (LII) Q3 Earnings: A Look at Key Metrics

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]