Lennox Reports Record Third Quarter Results and Raises 2023 Guidance

2023-10-28
  ·  Revenue up 10% to $1.37 billion; core revenue excluding European Operations up 10% to $1.30 billion
  ·  GAAP diluted EPS down 9% to $3.65, impacted by impairment related to European divestiture; adjusted diluted EPS up 30% to $5.37
  ·  Operating cash flow up 83% to $313 million
  ·  Raising 2023 outlook with core revenue up ~5% and an adjusted EPS range of $17.25 to $17.75
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