Lennox Int'l (NYSE: LII) reported Q4 EPS of $1.68, $0.03 better than the analyst estimate of $1.65. Revenue for the quarter came in at $892 million versus the consensus estimate of $906.47 million.

GUIDANCE:

Lennox Int'l sees Q1 2018 EPS of $9.75-$10.35.

• 2018 FULL-YEAR OUTLOOK
• The company is raising 2018 guidance for EPS from continuing operations due to a lower effective tax rate following U.S. tax legislation and increasing the stock repurchase amount planned for the year.
• Reiterating revenue growth of 3-7%, with a minimal impact from foreign exchange
• Raising GAAP and adjusted EPS from continuing operations from $8.65-$9.25 to $9.75-$10.35
• Reiterating corporate expenses of approximately $85 million
• Lowering the effective tax rate from 31-32% to 22-24% on a full-year basis
• Reiterating capital expenditures of approximately $100 million
• Increasing 2018 stock repurchase plans from $300 million to $350 million

For earnings history and earnings-related data on Lennox Int'l (LII) click here.