Lennox Reports Q3 Revenue Growth, Cuts 2026 EPS Guidance
Lennox reported third-quarter 2026 revenue of $1.57 billion, up 10% year over year, while adjusted diluted EPS fell 7% to $6.84. It lowered its full-year adjusted EPS outlook to $21.00–$21.50 and raised free cash flow expectations to $700 million–$750 million.
Lennox International Inc. announced its financial results for the third quarter of 2026, reporting revenue of $1.57 billion, a 10% increase year-over-year. Despite the revenue growth driven by Building Climate Solutions and acquisitions, adjusted diluted EPS fell 7% to $6.84, attributed by the company to competitive pressures, product inflation, tariffs, and lower factory absorption in the Home Comfort segment. In response to these results, management lowered its full-year 2026 adjusted EPS guidance to a range of $21.00—$21.50.
Conversely, the company raised its full-year free cash flow expectations to between $700 million and $750 million.