Lennox International (LII) reported Q1 adjusted earnings Wednesday of $3.37 per diluted share, down from $3.47 a year earlier.

Analysts polled by FactSet expected $3.28.

Revenue for the quarter ended March 31 was $1.07 billion compared with $1.05 billion a year earlier.

Analysts surveyed by FactSet expected $1.02 billion.

For 2025, the company raised the lower end of its adjusted earnings guidance to $22.25 to $23.50 per diluted share from $22 to $23.50. Analysts surveyed by FactSet expect $22.97. The company reaffirmed its annual core revenue guidance to increase by about 2%. Analysts polled by FactSet expect $5.43 billion.

Shares of the company fell nearly 5% in recent premarket trading.