Lennox Stock Soars 10.58% on Strong Q2 Earnings

Generado por agente de IAAinvest Pre-Market Radar
miércoles, 23 de julio de 2025, 8:29 am ET1 min de lectura
LII--

On July 23, 2025, Lennox's stock surged by 10.58% in pre-market trading, reflecting a significant boost in investor confidence.

Lennox reported its second-quarter results, revealing a 3% increase in revenue and an adjusted earnings per share (EPS) range of $23.25 to $24.25 for fiscal year 2025. This revision from the previous guidance of $22.25 to $23.50 indicates a strong financial performance driven by favorable mix and price benefits.

The company's net income for the second quarter was $278 million, or $7.82 per share, marking a substantial increase from the prior-year quarter's $246 million, or $6.87 per share. This performance exceeded analyst expectations, which had projected an EPS of $6.87.

Lennox also updated its financial projections, increasing its FY25 revenue growth estimate to 3% from the previous forecast of 2%. This adjustment underscores the company's optimism about its future financial performance and its ability to navigate market challenges.

Comentarios



Add a public comment...
Sin comentarios

Aún no hay comentarios