Welcome to our dedicated page for Lennox International news (Ticker: LII), a resource for investors and traders seeking the latest updates and insights on Lennox International stock.
Lennox International (NYSE: LII) delivers innovative climate control solutions through its energy-efficient HVAC and refrigeration systems. This dedicated news hub provides investors and industry professionals with essential updates on corporate developments, technological advancements, and market leadership in thermal management solutions.
Access official press releases detailing quarterly earnings, product launches, and sustainability initiatives alongside expert analysis of strategic partnerships. Our curated collection helps stakeholders track regulatory compliance efforts, energy efficiency milestones, and operational expansions across residential and commercial markets.
Key updates include leadership changes, patent filings for smart HVAC technologies, and progress toward environmental stewardship goals. Regular updates ensure you stay informed about LII's contributions to building automation systems and low-emission refrigeration solutions.
Bookmark this page for real-time access to Lennox International's financial disclosures, industry recognition awards, and innovations in heat pump technology. Verify installation statistics and service network expansions through primary source documentation maintained for professional reference.
Lennox reported record revenue of $1.05 billion in Q1 2023, up from $990 million excluding European operations. Operating income reached $140 million, reflecting a 20% increase in adjusted segment profit to $142 million. The GAAP diluted EPS was $2.75, while adjusted diluted EPS increased 15% to $2.83. The company reiterated its 2023 guidance for core revenue growth of flat to 4% and an EPS range of $14.25 to $15.25. The Residential segment reported flat revenue while the Commercial segment saw a 10% increase. Despite ongoing supply chain challenges, Lennox is optimistic about maintaining strong profit margins and expanding its market share.
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