These Analysts Cut Their Forecasts On Lennox International Following Q3 Earnings

Core Viewpoint - Lennox International Inc reported strong earnings for Q3 but lowered its FY2025 forecast due to transitional challenges and macroeconomic conditions [1][2]. Financial Performance - The company achieved quarterly earnings of $6.98 per share, surpassing the analyst consensus estimate of $6.86 per share [1]. - Quarterly sales were reported at $1.426 billion, falling short of the analyst consensus estimate of $1.490 billion [1]. Guidance Update - Lennox adjusted its FY2025 EPS guidance from a range of $23.25-$24.25 to $22.75-$23.25, anticipating a revenue decline of 1% [1][2]. Strategic Insights - CEO Alok Maskara highlighted that 2025 is a transitional year influenced by refrigerant transitions and challenging macroeconomic conditions [2]. - The recent acquisitions of DuroDyne and Supco are expected to enhance the company's parts and accessories portfolio, positioning it for improved performance in 2026 and beyond [2]. Analyst Ratings and Price Targets - Morgan Stanley analyst Betsy Graseck maintained an Underweight rating on Lennox and reduced the price target from $535 to $475 [5]. - Barclays analyst Julian Mitchell maintained an Overweight rating while lowering the price target from $730 to $700 [5].