Lennox (LII) Tops Q4 EPS by 15c, Beats on Revenue; Offers FY24 EPS Guidance

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Go back to Lennox (LII) Tops Q4 EPS by 15c, Beats on Revenue; Offers FY24 EPS Guidance

Lennox Reports Record Fourth Quarter and Full Year 2023 Results; Increases Long-Term Financial Targets and Provides FY 2024 Guidance

January 31, 2024 6:45 AM EST

Q4 Results Summary

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

Revenue up 6% to $1.2 billion; core revenue excluding European Operations up 7% to $1.1 billionGAAP diluted EPS up 52% to $4.04; adjusted diluted EPS up 41% to $3.63Operating cash flow up 132% to $306 million

2023 Full Year Highlights

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

Revenue up 6% to $5 billion; core revenue excluding European Operations up 6% to $4.7 billionGAAP diluted EPS up 19% to $16.54; adjusted diluted EPS up 27% to... More