Lennox International Inc.
Lennox International Reports Q2 2024 Financial Results and Raises Full-Year Guidance
Summary
Lennox International Inc. reported financial results for the second quarter of 2024, with core revenue up 8% to $1.45 billion, and adjusted diluted earnings per share up 11% to $6.83. The company also raised its full-year EPS guidance to a range of $19.50-$20.25. Operating income increased by 15% to $320 million, while net income rose to $246 million, or $6.87 per share. Lennox's segments, Home Comfort Solutions and Building Climate Solutions, both contributed positively to the results. A press release with detailed financial information is furnished as Exhibit 99.1.
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Exhibits (1)
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About Lennox International Inc.
Lennox International Inc. is a prominent manufacturer and provider of heating, ventilation, air conditioning, and refrigeration (HVACR) products. Renowned for its innovative solutions, the company's primary focus is to deliver optimal indoor climate control through energy-efficient and sustainable HVAC systems. Serving both residential and commercial sectors, Lennox International's product line includes air conditioners, furnaces, heat pumps, and air handlers, among other critical components. Additionally, the company supplies refrigeration products for the food retail and service industries. Headquartered in Richardson, Texas, Lennox International leverages advanced technology and design to meet the diverse needs of its global customer base. In the financial markets, Lennox International holds a significant position, being recognized for its commitment to sustainability and its ability to adapt to evolving environmental standards and consumer preferences. With a history dating back to 1895, Lennox continues to impact multiple industries by providing reliable HVACR solutions that enhance comfort and energy efficiency.
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