Lennox International, Inc. (LII) Tops Q3 EPS by 3c; Narrows FY11 EPS Outlook
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Lennox International, Inc. (NYSE: LII) reported Q3 EPS of $0.80, $0.03 better than the analyst estimate of $0.77. Revenue for the quarter came in at $923 million versus the consensus estimate of $889.84 million.
Lennox International, Inc. sees FY2011 EPS of $2.00-$2.15, versus prior guidance of $2.00-$2.30 and the consensus of $2.06. Adjusting revenue growth guidance from a range of 8-11% to a range of 7-9%; adjusting organic revenue growth guidance from a range of 1-4% to a range of 0-2%; foreign exchange is estimated to have 2 points of positive impact.
Lennox International, Inc. sees FY2011 EPS of $2.00-$2.15, versus prior guidance of $2.00-$2.30 and the consensus of $2.06. Adjusting revenue growth guidance from a range of 8-11% to a range of 7-9%; adjusting organic revenue growth guidance from a range of 1-4% to a range of 0-2%; foreign exchange is estimated to have 2 points of positive impact.
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