Lennox reports third quarter earnings results with revenue up 10 percent
Total segment profit fell 2%, adjusted EPS dropped 7% to $6.84, and full-year guidance was revised downward.
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HVAC, refrigeration, and indoor air quality systems manufacturer
lennox.comLast updated
In short: Lennox reported mixed financials, cut guidance, completed acquisitions, and faced price-fixing lawsuits.
Total segment profit fell 2%, adjusted EPS dropped 7% to $6.84, and full-year guidance was revised downward.
The investment expands HVAC solutions for residential and commercial markets across North America.
Growth was driven by portfolio strength, strategic acquisitions, and operational excellence despite a challenging residential market.
Operating income rose 2% to $355 million, EPS flat at $7.72, and full-year guidance updated to $23-$24.
Lennox reported $1.6 billion in third-quarter revenue, but inflation, tariffs and higher fuel costs pressured margins and prompted a lower full-year earnings outlook.
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