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Lennox International Inc. (LII) Presents at Oppenheimer 2...
2026-05-07 · via All Articles on Seeking Alpha

Q1: 2026-04-29 Earnings Summary

EPS of $3.35 beats by $0.17

 | 

Revenue of

$1.14B

(5.83% Y/Y)

beats by $63.82M

Lennox International Inc. (LII) Oppenheimer 21st Annual Industrial Growth Virtual Conference May 6, 2026 9:45 AM EDT

Company Participants

Alok Maskara - CEO, President & Director
Michael Quenzer - Executive VP & CFO

Conference Call Participants

Noah Kaye - Oppenheimer & Co. Inc., Research Division

Presentation

Noah Kaye
Oppenheimer & Co. Inc., Research Division

Well, good morning, everyone, and welcome back to Day 3 of Oppenheimer's 21st Annual Industrial Growth Conference. Noah Kaye, Managing Director in Oppenheimer's Industrial Innovation Research Practice. We're very happy to welcome back to the conference the management team of Lennox: CEO, Alok Maskara and CFO, Michael Quenzer. Gentlemen, welcome to you both. Thank you so much for what promises to be a great discussion today.

Alok Maskara
CEO, President & Director

Thank you, Noah, for having us. Excited to be here and share our story.

Question-and-Answer Session

Noah Kaye
Oppenheimer & Co. Inc., Research Division

You had a, I think, a very in-depth Investor Day, which we attended a few months ago, and you really laid out a comprehensive view of the business through the end of the decade. You talked about a $500 million revenue growth target from new initiatives by 2030. We estimated that, that represented just over 1/4 of the opportunities you laid out across parts and accessories, emergency replacement, ducted and ductless heat pumps. And you talked, I think, about a point of growth this year from those initiatives on your earnings call. So I guess the question here is really which of these growth initiatives do you anticipate hitting their targets earliest, which might take more time to play out? And where do you think you've left the most room for upside over the medium term?

Alok Maskara
CEO, President & Director

Sure. I think from our perspective, just as a reminder, one point