Lennox Q2 2026: revenue up 3%, EPS flat at $7.72, EPS guidance cut
Lennox delivered a modest quarter: revenue rose 3% to $1.55 billion and diluted EPS was flat at $7.72, just under the $7.7577 consensus estimate. The bigger news is the trimmed full-year EPS range of $23.00 to $24.00. Commercial heating and cooling carried the quarter while residential stayed weak, so read this as a mixed report rather than a clean beat. View: Neutral.
1 · Expected vs. Actual
Free preview belowDiluted EPS was flat at $7.72, a hair below the $7.7577 consensus estimate, even though net income slipped to $269.0 million from $273.9 million. A smaller share count — 34.8 million diluted versus 35.5 million — did the work of holding per-share profit level. So the per-share line looks stable, but the actual profit pool behind it shrank.
Revenue of $1.55 billion rose 3% from $1.50 billion a year ago, and management attributes the gain to completed acquisitions. The split tells the real story: Building Climate Solutions grew 24% to $609.7 million, while Home Comfort Solutions fell 7% to $935.6 million. Gross margin improved to 34.9% from 34.5%, helped by pricing actions and by tariff refunds landing in the quarter.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-09-17
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