Lennox International Reports Mixed Performance Amid Q1 Earnings

Lennox International Inc. (LII), based in Richardson, Texas, specializes in designing, manufacturing, and marketing products for the heating, ventilation, air conditioning, and refrigeration sectors. The company holds a market capitalization of $21.1 billion, distributing its products through direct sales, distributors, and its own parts stores.

Over the past year, LII’s shares have outperformed the broader market. The company’s stock has risen 24.1%, compared to the S&P 500 Index’s growth of nearly 12.7%. However, in 2025, LII’s stock has seen a slight dip of 1.1%, contrasting with the S&P’s modest gains year-to-date.

Further analysis shows that LII has outperformed the Industrial Select Sector SPDR Fund (XLI), which has grown approximately 12.9% in the last year. Despite this, the ETF’s year-to-date gain of 7.2% exceeds LII’s decline in the same period.

On April 23, shares of LII fell by 9% following its Q1 earnings report. The adjusted earnings per share (EPS) of $3.37 surpassed Wall Street’s expectations of $3.25, and revenue reached $1.1 billion, exceeding forecasts of $1 billion. For the full year, LII anticipates an adjusted EPS between $22.25 and $23.50.

Analysts predict a slight growth in LII’s EPS to $22.73 on a diluted basis for the fiscal year ending in December. Historically, LII has had a strong earnings surprise record, beating consensus estimates in each of the last four quarters.

Among the 17 analysts monitoring LII, the general consensus is a “Hold.” This rating includes six “Strong Buy” recommendations, six “Holds,” one “Moderate Sell,” and four “Strong Sells.”

The current analyst consensus reflects a more optimistic outlook compared to a month ago, with five analysts now suggesting a “Strong Buy.”

On April 24, Oppenheimer Holdings Inc. (OPY) upgraded LII to an “Outperform” rating, setting a price target of $600. While LII’s current trading price exceeds the average target of $561.67, the highest target of $700 indicates a potential upside of 16.2%.

On the date of publication, Neha Panjwani did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information is solely for informational purposes. For more details, please view the Barchart Disclosure Policy here.

The views expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.