Lennox (LII) Tops Q2 EPS by 95c; Raises Outlook

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Go back to Lennox (LII) Tops Q2 EPS by 95c; Raises Outlook

Lennox Reports Record Second Quarter Results and Raises 2023 Guidance

July 27, 2023 6:45 AM EDT

Q2 Highlights
(All comparisons are year-over-year, unless otherwise noted)

Revenue up 3% to $1.41 billion; core revenue excluding European Operations up 3% to $1.34 billionOperating income up 23% to $279 million; adjusted segment profit up 22% to $281 millionGAAP diluted EPS up 23% to $6.10; adjusted diluted EPS up 22% to $6.15Operating cash flow up 101% to $196 millionRaising 2023 outlook with core revenue up 2% to up 4% and an EPS range of $15.50 to... More