Lennox International Stock Price, News & Analysis

Lennox International Inc. (NYSE: LII) has announced that CEO Alok Maskara will present at the Jefferies Industrials Conference on August 9, 2022, in New York. CFO Joe Reitmeier and President/COO Gary Bedard of the Refrigeration segment will also attend. A live webcast of the presentation will start at 11:00 a.m. Eastern Time, with materials available on the company's website. Lennox is focused on energy-efficient climate-control solutions, striving for sustainability and innovation in air conditioning, heating, and refrigeration systems.

Lennox International reported record revenues of $1.37 billion for Q2 2022, marking a 10% increase year-over-year. GAAP EPS also rose 10% to $4.96, while adjusted EPS increased 9% to $5.00. The company repurchased $100 million of stock and paid $33 million in dividends. Despite inflation and supply chain challenges, Lennox raised its 2022 revenue growth guidance from 7-11% to 10-15% and adjusted EPS guidance from $13.50-$14.50 to $13.80-$14.50.

Lennox International (NYSE: LII) has announced its plans to report second quarter 2022 financial results on July 28, 2022. The report will be followed by a conference call at 8:30 a.m. Central time, featuring CEO Alok Maskara and CFO Joe Reitmeier, who will discuss the results and corporate outlook. Interested participants can join the call by dialing 877-226-8216 for U.S. callers or 409-207-6983 for international callers. A replay will be available until August 11, 2022. The company emphasizes its commitment to energy-efficient climate-control solutions.

The board of directors of Lennox International (NYSE: LII) has declared a quarterly cash dividend of $1.06 per share. This dividend is scheduled for payment on September 15, 2022, to stockholders of record as of August 31, 2022. This announcement reflects the company's commitment to returning value to its shareholders while maintaining its position as a leader in energy-efficient climate-control solutions.

Lennox International Inc. (LII) has achieved a significant milestone as the first HVAC manufacturer to meet the objectives of the U.S. Department of Energy's Cold Climate Heat Pump Technology Challenge. This recognition highlights Lennox's commitment to innovation and energy efficiency, potentially allowing homeowners to save up to $500 annually on utility bills. The initiative aims to enhance heating and cooling solutions for colder climates while significantly reducing greenhouse gas emissions. Lennox's efforts align with their long-standing dedication to sustainability and environmentally friendly products.

Lennox International Inc. (NYSE: LII) announced that CEO Alok Maskara and CFO Joe Reitmeier will present at the William Blair 42nd Annual Growth Stock Conference in Chicago on June 9. The presentation will start at 10:40 a.m. Central time, with materials available on the company website. Lennox International is a leader in energy-efficient climate-control solutions, focusing on sustainability while providing residential and commercial customers with innovative heating, air conditioning, and refrigeration systems.

Lennox International announced that CEO Alok Maskara and CFO Joe Reitmeier will host investor meetings on June 2, 2022, at the KeyBanc Capital Markets 22nd Annual Industrials & Basic Materials Conference in Boston. Investors can access presentation materials on the company’s website. Lennox is a leader in energy-efficient climate-control solutions, focusing on sustainability and reducing carbon footprints through innovative air conditioning, heating, indoor air quality, and refrigeration systems. The company is traded on the NYSE under the symbol LII.

Lennox International (LII) has announced a 15% increase in its quarterly cash dividend, raising it to $1.06 per share. This dividend will be payable on July 15, 2022, to shareholders recorded by June 30, 2022. This strategic move reflects the company's commitment to rewarding its shareholders while maintaining a focus on sustainability and innovative climate-control solutions.

Lennox International (NYSE: LII) has appointed Joe Nassab as President and Chief Operating Officer of North America Commercial Heating & Cooling, effective May 4, 2022. He replaces Elliot Zimmer, who is leaving after 12 years. Nassab brings a proven track record, having led Allied Air to 10% annual revenue growth and 23% earnings growth over the past decade. Despite challenges in production due to labor constraints and supply chain issues, the company aims for operational improvements and growth in the commercial HVAC market.