Lennox Int'l (LII) Guides FY16 EPS In-Line

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Go back to Lennox Int'l (LII) Guides FY16 EPS In-Line

Lennox International Announces 2016 Financial Guidance

December 16, 2015 7:30 AM EST

DALLAS, Dec. 16, 2015 /PRNewswire/ -- Lennox International Inc. (NYSE: LII) today announced its financial guidance for 2016. The company expects:

Revenue growth of 4-8%, with a minimal impact from foreign exchange. Adjusted and GAAP EPS from continuing operations of $6.10-$6.60. Effective tax rate of 34-35%. Capital expenditures of approximately $95 million. Stock repurchases of $200 million.

For 2015, the company updated its guidance for GAAP EPS from continuing operations and reiterated its other guidance points.

2015 revenue growth of 5-7% at constant currency and 2-4% including a... More