Lennox cuts 2026 profit outlook after weaker third quarter results
Lennox reported Q3 2026 revenue of $1.6 billion, up 10%, while adjusted EPS fell 7% to $6.84 and full-year adjusted EPS guidance was lowered to $21.00-$21.50.
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what happened
Lennox reported third-quarter 2026 revenue of $1.6 billion, up 10% from a year earlier. Adjusted diluted earnings per share came in at $6.84, down 7%, and GAAP operating income reached $312 million. CEO Alok Maskara said margins and results missed the company's own expectations, citing heightened competition and persistent inflation in costs. The details come from TradingView, which cites the company's press release.
The company also lowered its full-year outlook, now expecting adjusted EPS of $21.00 to $21.50, down from the earlier range of $23.00 to $24.00.
why it matters
The guidance cut matters across the HVAC sector, since tariffs, higher fuel costs and inflation in expenses are squeezing profits while the recovery in residential demand is only beginning. Investors will watch whether the company can pass rising costs on to customers.
market impact
Lennox shares and HVAC peers: a lower profit outlook weighs on the stock and sector sentiment
- Lennox shares pressure down — lower full-year profit guidance reduces earnings expectations
tags
instruments
sources
- PROSPERITY BANCSHARES, INC.® REPORTS THIRD QUARTER 2026 EARNINGS — TradingView, 28 October 2026 at 10:30 UTC
- Lennox Reports 2026 Third Quarter Earnings Results — TradingView, 28 October 2026 at 10:45 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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