Lennox Lifts Full-Year EPS Outlook to $23-$24, Topping Estimates
LII sits 21% above its 52-week low of $434.06 on elevated volume (2.4× avg).
Summary
Lennox's full-year EPS guidance is now $23.00-$24.00, narrowed from $23.50-$25.00. The new range implies at least 15% growth from the prior year's adjusted EPS, well above consensus. This follows a 6% Q1 revenue increase and the recent Heat Controller acquisition, suggesting integration and market tailwinds are accelerating. Q2 revenue rose 3% to $1.5B, with GAAP EPS flat at $7.72. The dividend hike in May and the Ariston JV anniversary add to a pattern of positive operational momentum. With the stock at $525, the outlook could drive upward estimate revisions and multiple expansion.
Updated with an SEC 8-K filing · What changed
Updates
· SEC 8-K — Q2 revenue rose 3% to $1.5B, GAAP EPS flat at $7.72; FY EPS guidance narrowed to $23.00-$24.00 from $23.50-$25.00.
At the time of this announcement, LII was trading at $525.00 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $18.9B. The 52-week trading range was $434.06 to $663.90. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.