Lennox International, Inc. (LII) Misses Q2 EPS Views; Cuts FY11 Outlook
Lennox International, Inc. (NYSE: LII) reported Q2 EPS of $0.84, $0.26 worse than the analyst estimate of $1.10. Revenue for the quarter came in at $937 million versus the consensus estimate of $969.81 million.
Lennox International, Inc. sees FY2011 EPS of $2.00-$2.30, versus prior guidance of $2.80-$3.10 and the consensus of $2.82.
Adjusting the guidance range for revenue growth from 11-14% to a range of 8-11%; adjusting the guidance range for organic revenue growth from 5-8% to a range of 1-4%; foreign exchange is estimated to have 2 points of positive impact versus 1 point of positive impact previously.
Lennox International, Inc. sees FY2011 EPS of $2.00-$2.30, versus prior guidance of $2.80-$3.10 and the consensus of $2.82.
Adjusting the guidance range for revenue growth from 11-14% to a range of 8-11%; adjusting the guidance range for organic revenue growth from 5-8% to a range of 1-4%; foreign exchange is estimated to have 2 points of positive impact versus 1 point of positive impact previously.