Lennox Int'l (LII) Reports 3c EPS Beat; UBS Raises Price target to $135

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Lennox International Reports Record Third-Quarter Profit

October 19, 2015 8:01 AM EDT

DALLAS, Oct. 19, 2015 /PRNewswire/ -- Lennox International Inc. (NYSE: LII) today reported financial results for the third quarter of 2015. Financial results reflect sold businesses in discontinued operations.

Revenue for the third quarter was $955 million, up 6% from the prior-year quarter including the negative impact from foreign exchange. At constant currency, revenue was up 11%. Adjusted earnings per share from continuing operations was a third-quarter record $1.82, up 26% from the prior-year quarter. On a GAAP basis, earnings per share from continuing operations was a third-quarter record $1.76, up 28% from the prior-year quarter.

"Lennox International realized... More