Lennox International Reports Q3 Revenue Growth Amid Declining Profits and EPS
Lennox International (LII) reported third-quarter revenue of $1.6 billion, representing a 10.2% increase compared to the previous year. Despite the top-line growth, the company faced headwinds in profitability, with total segment profit declining approximately 2% to $323 million and adjusted earnings per share (EPS) falling 7% to $6.84. CEO Alok Maskara noted that profitability fell short of internal expectations. To address these challenges, the company is implementing a dynamic pricing shift strategy. Looking ahead, Lennox has provided guidance for 2026, forecasting adjusted EPS in the range of $21.00 to $21.50 alongside an expected revenue growth rate of approximately 6%.
Tickers: $LII
Topics: earnings per share management commentary profitability decline revenue growth
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