NYSE$LII

Lennox International Inc · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Lennox reported record revenue and EPS for Q4 2022.

Lennox reported a 13% increase in revenue to $1.09 billion for the fourth quarter of 2022. GAAP EPS increased by 17% to $2.65, and adjusted EPS increased by 12% to $2.63. The company's operating income rose by 35% to $132 million.

  • Fourth quarter revenue increased by 13% to a record $1.1 billion.
  • GAAP EPS increased by 17% to $2.65.
  • Adjusted EPS increased by 12% to $2.63.
  • Operating income was up 35% to $132 million.

Headline financials

Total Revenue

$1.09B

Previous: $965M+13.4%
EPS (adj)

$2.63

Previous: $2.35+11.9%
Total Segment Margin

12.1%

No prior period
Capital Expenditures

$34.1M

Previous: $38.3M-11.0%
Free Cash Flow

$98M

Previous: $80.9M+21.1%
Net Income

$94.4M

Previous: $83.6M+12.9%
Operating Income

$132M

Previous: $97.6M+35.2%
Gross Profit

$285M

Previous: $254M+12.2%
Cash & Equivalents

$52.6M

Previous: $31M+69.7%
Total Assets

$2.57B

Previous: $2.17B+18.2%
Stock-Based Comp

$5.4M

Previous: $7.5M-28.0%

Revenue & EPS history

Lennox · Revenue · Quarterly

$1.09B

Q4 2022+13.4%vs Q4 2021
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Revenue by segment

Lennox · $944M total across 2 segments · Q4 2022

  • Home Comfort Solutions
    $703M+13.3%
  • Building Climate Solutions
    $241M+19.7%

Forward guidance

Lennox is reiterating its 2023 outlook with core revenue flat to up 4% and EPS of $14.25-$15.25.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2022

Historical avgQ4 2022

-0.3%

Avg return

Earnings day

-0.1%

Avg return

5 days after

+3.3%

Avg return

30 days after

49%

33 / 68 earnings

Positive

+13.4%

Q3 2014

Best reaction

-12.9%

Q2 2011

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.6%+3.9%+1.2%
Q4 2025-4.0%-0.7%+14.3%
Q3 2025-9.8%-8.5%-15.3%
Q1 2025-9.0%-5.0%+1.5%
Q4 2024-8.8%-12.0%-9.3%
Q3 2024+4.4%+3.1%+10.7%
Q2 2024-4.1%+0.1%+2.6%
Q1 2024-0.2%+0.1%+5.6%
Q4 2023-5.2%-5.6%+5.6%
Q3 2023+5.7%+9.2%+22.7%
Q2 2023+8.1%+11.6%+7.4%
Q1 2023+9.7%+9.5%+9.1%
Q4 2022+9.4%+12.1%+4.2%
Q3 2022+1.4%+0.2%+14.2%
Q2 2022+5.5%+5.4%+6.9%
Q1 2022-9.2%-13.6%-16.8%
Q4 2021-4.0%-5.9%-3.5%
Q3 2021-3.0%-4.1%+2.1%
Q2 2021+3.6%+2.8%+3.4%
Q1 2021+1.4%+0.3%+3.6%
Q4 2020-4.3%-3.1%-1.7%
Q3 2020-1.5%-0.0%+2.8%
Q2 2020+2.5%+7.2%+12.9%
Q1 2020-5.9%-4.0%+4.4%
Q4 2019+3.8%+0.7%+9.4%
Q3 2019-2.3%-4.0%+0.8%
Q2 2019-5.2%-5.7%-6.3%
Q1 2019-2.2%+0.3%+2.6%
Q4 2018+1.1%+0.3%+5.0%
Q3 2018+2.2%+3.1%+10.7%
Q2 2018-3.2%-2.4%+3.0%
Q1 2018-4.0%+0.6%+4.4%
Q4 2017+2.5%+1.1%+5.1%
Q3 2017+9.0%+7.2%+8.8%
Q2 2017-5.7%-6.2%-10.4%
Q1 2017-2.1%-4.1%+1.8%
Q4 2016+3.8%+3.7%+5.8%
Q3 2016-3.7%-4.8%-4.4%
Q2 2016+2.0%+2.4%+5.6%
Q1 2016-1.2%
Q4 2015-0.3%
Q3 2015+5.4%
Q2 2015+7.5%
Q1 2015-5.2%
Q4 2014+2.8%
Q3 2014+13.4%
Q2 2014+2.3%
Q1 2014-4.2%
Q4 2013+1.4%
Q3 2013+2.9%
Q2 2013+4.7%
Q1 2013+0.0%
Q4 2012+1.3%
Q3 2012+2.4%
Q2 2012-9.3%
Q1 2012+10.5%
Q4 2011+2.7%
Q4 2008+2.7%
Q3 2011+9.6%
Q2 2011-12.9%
Q1 2010-7.7%
Q1 2011+2.0%
Q4 2010-2.3%
Q3 2009-5.5%
Q3 2010-5.5%
Q4 2009-6.3%
Q2 2010-6.3%
Q2 2009-6.3%

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