Lennox Raises FY25 Guidance

(RTTNews) - Lennox (LII) said the company now expects fiscal 2025 adjusted EPS in a range of $23.25 - $24.25, revised from prior guidance range of $22.25 - $23.50. The company now expects revenue growth of 3%.

Second quarter net income was $278 million, or $7.82 per share, compared to $246 million, or $6.87 per share, in the prior-year quarter. Adjusted net income was $278 million, or $7.82 per share, compared to $244 million, or $6.83 per share, in the prior-year quarter. Analysts on average expected the company to report profit per share of $6.87, for the quarter. Analysts' estimates typically exclude special items. Revenue was $1.5 billion, up 3% driven by favorable mix and price benefits.

Shares of Lennox are up 4% in pre-market trade on Wednesday. For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.