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Mar 31, 2022
Lennox Q1 2022 Earnings Report
Lennox International reported record first-quarter revenue and EPS, driven by strong growth in the Residential and Refrigeration businesses.
Key Takeaways
Lennox International reported a record first-quarter revenue of $1.01 billion, up 9%. GAAP EPS was $2.29, up 4%, and adjusted EPS was $2.36, up 4%. The company is raising its 2022 revenue growth guidance from 5-10% to 7-11% and reiterating its EPS guidance of $13.50-$14.50.
Revenue increased by 9% to a first-quarter record of $1.01 billion.
GAAP EPS increased by 4% to a first-quarter record of $2.29.
Adjusted EPS increased by 4% to a first-quarter record of $2.36.
The company repurchased $200 million of stock during the quarter.
Lennox
Lennox
Lennox Revenue by Segment
Revenue by Segment
Home Comfort Solutions Revenue
CapyFin.comBuilding Climate Solutions Revenue
CapyFin.com Forward Guidance
The company is raising revenue growth guidance from 5-10% to 7-11% and reiterating EPS guidance of $13.50-$14.50.
Revenue & Expenses
Visualization of income flow from segment revenue to net income