The EL297V gas furnace, known for its unique design and great value, is part of Lennox's collection of award-winning products. On February 18, 2025, Lennox, a top provider of climate control solutions, announced that the Elite Series EL297V Gas Furnace received a GOOD DESIGN® Award from The Chicago Athenaeum: Museum of Architecture and Design and Metropolitan Arts Press Ltd.
DALLAS, Feb. 4, 2025 /PRNewswire/ -- Lennox, a top company in climate control for homes and businesses, has partnered with Samsung, a leader in HVAC technology, to provide ductless heating and cooling solutions. Together, they have launched a new venture called Samsung Lennox HVAC North America, which has introduced its first ductless heat pump products: the Lennox Powered by Samsung mini-split systems and the Varix™ variable refrigerant flow (VRF) series for Lennox customers.
Lennox International Inc. announced impressive results for the fourth quarter and the entire year, showing notable increases in revenue and earnings per share. However, their forecast for 2025 caused the stock to fall by almost 9%, as core revenue is projected to grow by just 2%, a sharp decline from the 13% growth seen in FY24. While there are encouraging signs of better margins and profitability, economic conditions and possible supply chain issues could create challenges in 2025.
Lennox International Inc. (NYSE:LII) will hold its Q4 2024 Earnings Conference Call on January 29, 2025, at 9:30 AM ET. The call will feature company representatives, including CEO Alok Maskara and CFO Michael Quenzer, along with various analysts from major financial institutions. Attendees are currently in listen-only mode, and there will be a chance for questions after the presentation.
Lennox International (LII) reported quarterly earnings of $5.60 per share, which is higher than the Zacks Consensus Estimate of $4.23 per share. This is an increase compared to earnings of $3.63 per share from the same period last year.
In the fourth quarter, Lennox reported revenue of $1.3 billion, with core revenue increasing by 22%, partly due to acquisitions. The company achieved a GAAP diluted earnings per share of $5.52 and an adjusted diluted EPS of $5.60, which is a 54% rise. For the full year 2024, total revenue reached $5.3 billion, with core revenue up 13% and free cash flow increasing by 61% to $785 million.
While the revenue and earnings per share (EPS) for Lennox (LII) provide insight into its performance for the quarter ending December 2024, it could be helpful to look at how these important figures stack up against Wall Street predictions and last year's results.
Lennox (LII) has the right mix of two important factors that could lead to better earnings in its next report. Be ready for the main expectations.
Lennox (LII) has a strong track record of surprising with its earnings and currently has the right mix of factors that suggest it may exceed expectations in its upcoming quarterly report.
RICHARDSON, Texas, Jan. 6, 2025 /PRNewswire/ -- Lennox (NYSE: LII), a top company in energy-efficient climate control, is set to announce its financial results for the fourth quarter and the entire year of 2024 before the market opens on Wednesday, January 29, 2025. Additionally, the company will share its forecasts for 2025 and revised long-term goals.