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Lennox Q2 Adjusted Earnings, Net Sales Rise; 2024 EPS Guidance Raised
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Lennox Q2 Adjusted Earnings, Net Sales Rise; 2024 EPS Guidance Raised
Jul 24, 2024 4:54 AM

07:19 AM EDT, 07/24/2024 (MT Newswires) -- Lennox (LII) reported Q2 adjusted earnings Wednesday of $6.83 per diluted share, up from $6.15 a year earlier.

Analysts polled by Capital IQ expected $6.57.

Net sales for the quarter ended June 30 were $1.45 billion, compared with $1.41 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.48 billion.

Lennox said it now expects 2024 EPS of $19.50 to $20.25, up from its previous guidance range of $19 to $20.

Analysts polled by Capital IQ expect $20.04.

The company said it still expects 2024 revenue to increase nearly 7%.

Price: 540.05, Change: -29.16, Percent Change: -5.12

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