Lennox Int'l (LII) Tops Q1 EPS by 5c; Boosts FY16 EPS Outlook

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Lennox International Reports Record First-Quarter Profit

April 18, 2016 8:00 AM EDT

DALLAS, April 18, 2016 /PRNewswire/ -- Lennox International Inc. (NYSE: LII) today reported financial results for the first quarter of 2016.

Revenue for the first quarter was $715 million, up 4% from the prior-year quarter including the negative impact from foreign exchange. At constant currency, revenue was up 6%. Adjusted earnings per share from continuing operations was a first-quarter record $0.60, up 62% from the prior-year quarter. On a GAAP basis, earnings per share from continuing operations was a first-quarter record $0.56, up 81% from the prior-year quarter.

"Lennox International realized strong revenue growth and margin... More