Lennox International

Lennox International, Inc. engages in the design, manufacture, and marketing of products for heating, ventilation, air conditioning, and refrigeration. It operates through the following business segments: Residential Heating & Cooling, Commercial Heating & Cooling, and Refrigeration. The Residential Heating & Cooling segment manufactures and markets furnaces, air conditioners, heat pumps, packaged heating and cooling systems, equipment, and accessories. The Commercial Heating & Cooling segment sells unitary heating and cooling equipment used in light commercial applications. The Refrigeration segment includes retail equipment for the commercial refrigeration market including condensing unit, unit coolers, fluid, coolers, air cooled condensers, supermarket display cases, and systems. The company was founded by Dave Lennox in 1895 and is headquartered in Richardson, TX.

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Lennox International reports robust Q4 performance and strategic growth outlook

Lennox International (LII) delivered a strong performance in Q4 2022, with record revenues and profit in key segments.
Despite challenges in maintaining growth momentum and increased capital spending, the company remains focused on strategic initiatives.
Opportunities lie in new product launches, commercial profit recovery, and strategic divestitures for future growth.
Overall, Lennox is well-positioned to navigate challenges and capitalize on opportunities in 2023.

Lennox International reports record earnings, focuses on margin recovery

Lennox International maintains full-year financial guidance with a focus on margin recovery.
Company aims to improve inventory turns and optimize margins through pricing actions.
Preparation for 2025 transition with investments in service levels and product mix.

Lennox International achieves record Q2 results, eyes growth opportunities

Lennox International's Q2 2023 performance reflects a mixed segment outlook, with strong commercial results and residential challenges. Strategic initiatives and investments in the refrigerant transition position the company for future growth.

Lennox International (LII) reports record Q3 performance and eyes growth

Lennox International (LII) delivered strong financial performance in Q3 2023, driven by record revenue and profit across residential and commercial segments.
The company's strategic moves, including the acquisition of AES and pricing initiatives, position it well for future growth and margin improvement.
While facing challenges such as seasonal impacts and absorption headwinds, Lennox remains optimistic about its outlook, focusing on operational excellence and market effectiveness.

Lennox International posts robust Q4 earnings, eyes growth opportunities

Lennox International (LII) delivered strong financial results in Q4 2023, with significant growth in adjusted EPS and core revenue, setting a positive tone for 2024.
The company's focus on operational excellence, strategic investments, and long-term financial goals positions it well for sustained growth and market leadership.
While facing challenges in the market environment, Lennox International remains confident in its ability to navigate uncertainties and drive profitability through effective cost management and growth strategies.
Opportunities for expansion through industry consolidation, international markets, and product innovations present avenues for future growth and enhanced shareholder value.

Lennox International reports record Q1 profits and strategic growth

Lennox International (LII) had a strong Q1 2024 with record profit margins and growth in adjusted earnings per share.
The company is well-prepared for industry transitions and is focused on improving distribution and expanding its market presence.
While facing working capital challenges and pricing pressures, Lennox sees opportunities in product efficiency and commercial segment growth.
Overall, Lennox's performance in Q1 sets a positive tone for the year ahead with revised fiscal guidance and strategic initiatives in place.

Lennox International (LII) reports robust Q2 earnings and strategic growth outlook

Lennox International (LII) delivered strong financial performance in Q2 2024, with a focus on revenue growth, margin expansion, and strategic partnerships. The company remains optimistic about growth opportunities and is actively addressing challenges such as market transitions and investments. Analyst inquiries during the earnings call highlighted a keen interest in the company's performance metrics and future outlook.

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Lennox International, Inc. engages in the design, manufacture, and marketing of products for heating, ventilation, air conditioning, and refrigeration. It operates through the following segments: Home Comfort Solutions, Building Climate Solutions, and Corporate and Other. The Home Comfort Solutions segment is involved in furnaces, air conditioners, heat pumps, packaged heating and cooling systems, indoor air quality equipment, comfort control products, replacement parts, and supplies. The Building Climate Solutions segment consists of unitary heating and air conditioning equipment, applied systems, controls, installation and service of commercial heating and cooling equipment, variable refrigerant flow commercial products, curb, curb adapters, drop box diffusers, HVAC recycling and salvage service, condensing units, unit coolers, fluid coolers, air cooled condensers, air handlers, process chillers, controls, and compressor racks. The Corporate and Other segment refers to the unitary heating and air conditioning equipment, chillers, air handlers, fan coils, fluid coolers, and compressor racks. The company was founded by Dave Lennox in 1895 and is headquartered in Richardson, TX.

Lennox (LII) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Lennox (LII) Upgraded to Strong Buy: Here's What You Should Know

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While the top- and bottom-line numbers for Lennox (LII) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Lennox (LII) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Lennox International (LII) came out with quarterly earnings of $6.15 per share, beating the Zacks Consensus Estimate of $5.21 per share. This compares to earnings of $5 per share a year ago.

Lennox International (LII) Surpasses Q2 Earnings and Revenue Estimates

Q2 Highlights (All comparisons are year-over-year, unless otherwise noted) Revenue up 3% to $1.41 billion; core revenue excluding European Operations up 3% to $1.34 billion Operating income up 23% to $279 million; adjusted segment profit up 22% to $281 million GAAP diluted EPS up 23% to $6.10; adjusted diluted EPS up 22% to $6.15 Operating cash flow up 101% to $196 million Raising 2023 outlook with core revenue up 2% to up 4% and an EPS range of $15.50 to $16.00 DALLAS , July 27, 2023 /PRNewswire/ -- Lennox (NYSE: LII), a leader in energy-efficient climate-control solutions, today reported record second quarter revenue of $1.41 billion. Operating income was a record $279 million and operating margin was 19.8%.

Lennox Reports Record Second Quarter Results and Raises 2023 Guidance

Lennox® smart thermostats unlock the full potential of Lennox heating and cooling systems while optimizing comfort and energy savings for homeowners. RICHARDSON, Texas , July 18, 2023 /PRNewswire/ -- Lennox, a trusted home comfort solutions and energy efficiency innovator for almost 130 years, sold its one millionth Lennox Smart Thermostat since the company first introduced smart thermostat products.

Lennox Celebrates One Million Smart Thermostats Sold

Does Lennox International (LII) have what it takes to be a top stock pick for momentum investors? Let's find out.

What Makes Lennox International (LII) a Strong Momentum Stock: Buy Now?

Commemoration celebrates the resilience and strength of the Lennox and Marshalltown communities RICHARDSON, Texas , July 14, 2023 /PRNewswire/ -- Lennox, a leading provider of innovative solutions in the HVACR industry, recently commemorated the completion of renovations to its Marshalltown facility. This comes five years after a devastating tornado caused significant damage to the facility.

Lennox Celebrates Opening of Renovated Marshalltown, Iowa, Facilities

RICHARDSON, Texas , July 7, 2023 /PRNewswire/ -- Lennox (NYSE: LII), a leader in energy-efficient climate control solutions, will report second quarter 2023 financial results before the market opens on Thursday, July 27, 2023. An earnings conference call and webcast is scheduled for the same day at 8:30 a.m.

Lennox Schedules Second Quarter Conference Call

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DALLAS , May 15, 2023 /PRNewswire/ -- The board of directors of Lennox (NYSE: LII), a global leader in the heating, air conditioning, and refrigeration markets, approved an increased quarterly cash dividend of $1.10 per share of common stock, payable July 14, 2023, to stockholders of record as of June 30, 2023.  ABOUT LENNOX Lennox (NYSE: LII) is a leader in energy-efficient climate-control solutions.

Lennox Declares Dividend Increase

Residents in U.S. and Canada are encouraged to nominate deserving local community members to receive essential heating or cooling equipment and installations at no cost as part of Lennox' annual Feel The Love program. RICHARDSON, Texas , May 10, 2023 /PRNewswire/ -- Lennox is welcoming nominations for its annual Feel The Love program now until August 31.

Lennox to Donate Residential HVAC Units to Local Community Heroes, Nominations Now Open

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RICHARDSON, Texas , May 2, 2023 /PRNewswire/ -- Lennox (NYSE: LII), a leader in energy-efficient climate control solutions, today announced that CEO Alok Maskara and CFO Joe Reitmeier are scheduled to present at the Oppenheimer 18th Annual Industrial Growth Conference, being held virtually, on Tuesday, May 9, beginning at 09:45 a.m. Eastern time.

Lennox to Present at the 2023 Oppenheimer Conference held virtually and Goldman Sachs Conference in New York

Lennox International Inc. (LII) Q1 2023 Earnings Call Transcript.

Lennox International Inc. (LII) Q1 2023 Earnings Call Transcript

While the top- and bottom-line numbers for Lennox (LII) give a sense of how the business performed in the quarter ended March 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Here's What Key Metrics Tell Us About Lennox (LII) Q1 Earnings

Lennox International (LII) came out with quarterly earnings of $2.83 per share, beating the Zacks Consensus Estimate of $2.42 per share. This compares to earnings of $2.36 per share a year ago.

Lennox International (LII) Beats Q1 Earnings and Revenue Estimates

______________________________________________________________________________ Q1 Highlights (All comparisons are year-over-year, unless otherwise noted) Revenue $1.05 billion; core revenue excluding European Operations up 3% to $990 million Operating Income $140 million; adjusted segment profit up 20% to $142 million GAAP diluted EPS $2.75; adjusted diluted EPS up 15% to $2.83 Reiterating 2023 outlook: core revenue flat to up 4%, EPS $14.25-$15.25 _____________________________________________________________________________ DALLAS , April 27, 2023 /PRNewswire/ -- Lennox (NYSE: LII), a leader in energy-efficient climate-control solutions, today reported first quarter record revenue of $1.05 billion in the quarter. Operating income was a record $140 million.

Lennox Reports Record First Quarter Results

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High inventory costs reduced operating cash flows in 2022. Lennox International may struggle to grow revenues in 2023, but cash flows should improve as it sells its inventory.

Lennox International: A Solid Long-Term Holding At The Right Valuation

RICHARDSON, Texas , April 6, 2023 /PRNewswire/ -- Lennox (NYSE: LII), a leader in energy-efficient climate control solutions, will report first quarter 2023 financial results before the market opens on Thursday, April 27, 2023. An earnings conference call and webcast is scheduled for the same day at 8:30 a.m.

Lennox Schedules First Quarter Conference Call and Publishes 2022 Annual Report

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RICHARDSON, Texas , Feb. 14, 2023 /PRNewswire/ -- Lennox (NYSE: LII), a leader in energy-efficient climate control solutions, today announced that CEO Alok Maskara is scheduled to present at the Barclays Industrial Select Conference in Miami, Florida, on Thursday, February 23, beginning at 11:30 a.m. Eastern time.

Lennox to Present at the Barclays Industrial Select Conference in Miami, Florida

RICHARDSON, Texas , Feb. 7, 2023 /PRNewswire/ -- Lennox (NYSE: LII), a leader in energy-efficient climate control solutions, today announced that CFO Joe Reitmeier is scheduled to present at the Cowen 44th Annual Aerospace/Defense & Industrials Conference in Arlington, Virginia, on Wednesday, February 15, beginning at 11:30 a.m. Eastern time.

News for Lennox International Stock (LII)