Lennox International (LII) Revenue — Quarter Ended Jun 30, 2024
Revenue for the quarter increased substantially compared to the immediately preceding quarter and also rose moderately from the same quarter one year earlier. The sequential gain was notably larger than the annual increase.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue for the quarter increased substantially compared to the immediately preceding quarter and also rose moderately from the same quarter one year earlier. The sequential gain was notably larger than the annual increase.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.5B
Revenue reported for this quarter.
Quarter-over-quarter
+38.6%
Change from the immediately preceding quarter.
Year-over-year
+2.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$5B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2023 | $1.4B | +9.8% |
| Dec 31, 2023 | $1.2B | +5.6% |
| Mar 31, 2024 | $1B | -0.2% |
| Jun 30, 2024 | $1.5B | +2.8% |
Revenue performance
The company delivered higher revenue for the quarter, with a sharp rise from the prior quarter.
Quarterly comparison
Compared to the immediately preceding quarter, revenue rose sharply, while versus the same quarter one year earlier, the increase was modest.
What to watch
Monitor whether the seasonal working capital needs in the first half continue to influence cash flow in subsequent quarters.