Lennox International reports Q3 2026 results and cuts FY26 EPS guidance
Lennox International Inc. posted third‑quarter 2026 revenue of $1.6 billion, up 10% year‑over‑year, while adjusted earnings per share fell 7% to $6.84. The company lowered its full‑year 2026 adjusted EPS outlook to a range of $21.00‑$21.50, down from $23.00‑$24.00, and trimmed its revenue growth guidance to about 6%. CEO Alok Maskara said competitive pressure and inflation were eroding margins, prompting a recovery plan focused on pricing, productivity and portfolio changes.
Why it matters
The EPS guidance cut signals lower profitability expectations for the year, which drove the stock to fall 5%‑8% in trading after the release. Investors will need to adjust earnings models and may reassess valuation based on the reduced outlook.
Key facts
- 1Q3 2026 revenue was $1.6 billion, up 10% YoY. prnewswire.com
- 2Adjusted diluted EPS for the quarter was $6.84, down 7% from the prior year. prnewswire.com
- 3GAAP diluted EPS for the quarter was $6.41. prnewswire.com
- 4Full‑year 2026 adjusted EPS guidance was revised to $21.00‑$21.50 per share, from the prior $23.00‑$24.00 range. prnewswire.com
- 5Full‑year revenue growth guidance was cut to approximately 6% growth. prnewswire.com
- 6Shares fell about 5.5% in pre‑market trading after the announcement. rttnews.com
Summary written by AlphAI AI Desk from 17 of 17 sources. Not investment advice. Figures are as stated by the linked sources.