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Lennox: Q1 Earnings Snapshot

Lennox: Q1 Earnings Snapshot

By AP News
Published - Apr 24, 2024, 06:55 AM ET
Last Updated - May 27, 2024, 01:08 AM EDT

RICHARDSON, Texas (AP) — RICHARDSON, Texas (AP) — Lennox International Inc. (LII) on Wednesday reported first-quarter net income of $124.3 million.

On a per-share basis, the Richardson, Texas-based company said it had net income of $3.47.

The results topped Wall Street expectations. The average estimate of 15 analysts surveyed by Zacks Investment Research was for earnings of $3.17 per share.

The manufacturer of furnaces, air conditioners and other products posted revenue of $1.05 billion in the period, which matched Street forecasts.

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