Lennox reports record Q1 revenue $1.05B; adjusted EPS up 15% to $2.83

LENNOX INTERNATIONAL INC

2023-Q1 EPS reported $2.75 revenue$1,049,400,000

Record Q1 revenue $1.05B; core revenue (ex-Europe) $990M, +3% YoY.
GAAP diluted EPS $2.75; adjusted diluted EPS $2.83, +15% YoY.
Residential segment profit record $111M (+3%), margin 16.3% (+50bps). Commercial profit +110% to $50M, margin 770bps expansion.
Full-year 2023 guidance reaffirmed: core revenue flat to +4%, EPS $14.25-$15.25.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

LENNOX INTERNATIONAL INC reported first quarter of 2023 results: revenue $1.05 billion, net income $98.0 million, EPS $2.75 per share. Guidance reaffirmed.

Period: first quarter of 2023
Revenue: $1.05 billion
Net income: $98.0 million
EPS: $2.75 per share
Guidance: reaffirmed
Result: reported results

Exact text from the filing

EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 Lennox Reports Record First Quarter Results Q1 Highlights (All comparisons are year-over-year, unless otherwise noted) • Revenue $1.05 billion; core revenue excluding European Operations up 3% to $990 million • Operating Income $140 million; adjusted segment profit up 20% to $142 million • GAAP diluted EPS $2.75;

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Source: SEC EDGAR

accession 0001193125-23-120058

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