Lennox Q3 net income falls 15% to $221.2 million; Q3 revenue rises 10% to $1.6 billion
Bitget2026/10/28 10:46- Lennox’s third-quarter 2026 GAAP diluted earnings fell 13% year-over-year to $6.41 per share.
- Revenue climbed 10% to $1.57 billion, driven by organic growth in Building Climate Solutions and completed acquisitions.
- Operating cash flow rose 31% to $395.3 million, driven by reduced inventory levels.
- CEO Alok Maskara cited heightened competitive pressure and persistent cost inflation, with plans to improve cost pass-through and accelerate productivity.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Lithium-For-Earth Raises KRW 1.32 Billion in Private Placement
Anthropic "accidentally" leaks IPO documents! Plans to raise $69.3 billion, valuation drops from 2 trillion to 1.3 trillion
Anthropic mistakenly published and then withdrew a prospectus for a planned $69.3 billion fundraising, with its valuation dropping from a peak of $2 trillion to between $1.1 trillion and $1.3 trillion.
Subaru Publishes Transcript of First-Half FYE 2027 Financial Results Presentation
Citi: Occidental Petroleum (OXY.US) Q3 cash flow surpasses expectations, accelerated debt repayment cannot hide concerns over Q4 output
Citi published a research report maintaining Occidental Petroleum's "Neutral" rating, with a target price of $65.
Crypto prices
More
