Lennox International (LII) Issues In-Line 2013 Financial Outlook

Lennox International Inc. (NYSE: LII) issued the following 2013 financial guidance:

• Revenue growth of 2-6%, with a neutral impact from foreign exchange
  
  
• Adjusted and GAAP earnings per share from continuing operations of $3.15-$3.55 (consensus is $3.32.)
  
  
• Tax rate of 34-35%
  
  
• Stock repurchases of $100 million
  
  
• Capital expenditures of approximately $60 million

The company also reiterated its revenue and EPS guidance for the full year of 2012, including adjusted earnings per share from continuing operations of $2.60-$2.80 (consensus is $2.74).

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