Lennox International posted $1.6 billion in Q3 revenue, a 10% year-over-year gain, but adjusted EPS dropped 7% to $6.84 amid tightening margins and revised full-year outlooks.
Lennox International reported a 10% increase in Q3 revenue to $1.6 billion, yet faced operational headwinds as adjusted diluted EPS fell 7% to $6.84. The decline in segment profit by 2% to $323 million highlights ongoing margin pressure that prompted the company to update its full-year adjusted EPS guidance.
Lennox reported Q3 revenue of $1.6 billion, representing a 10% increase year-over-year.
Adjusted diluted EPS was $6.84, which is a 7% decrease compared to the previous year.
Lennox International reported a 10% increase in third-quarter revenue to $1.6 billion, yet faced bottom-line headwinds as adjusted diluted EPS fell 7% to $6.84. The company also updated its full-year guidance, reflecting ongoing margin pressure despite top-line growth.
Lennox reported a 10% increase in revenue to $1.6 billion, but adjusted EPS fell 7% to $6.84 due to margin pressures.
The company updated its full-year adjusted EPS guidance following the Q3 performance, reflecting current operational challenges.