Lennox International (NYSE: LII) announced robust financial performance for the third quarter of 2024, reporting $1.5 billion in revenue. This figure represents a 9.6% increase year-over-year and surpassed Wall Street's average estimate.
The company also achieved a record $303 million in operating income, with GAAP diluted earnings per share reaching $6.68. This earnings per share significantly exceeded the average analyst estimate of $5.95.
Following these strong results, Lennox International raised its full-year guidance for 2024. The updated outlook reflects management's confidence in continued operational strength and strategic execution, providing a positive signal to investors regarding future profitability.
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