Lennox Int'l (LII) Sees FY18 EPS of $8.65-$9.25
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Lennox International Announces 2018 Financial Guidance
December 13, 2017 7:30 AM ESTDALLAS, Dec. 13, 2017 /PRNewswire/ --Â Lennox International Inc. (NYSE: LII) today announced its financial guidance for 2018. The company expects:
Revenue growth of 3-7%, with a minimal impact from foreign exchange. GAAP and adjusted EPS from continuing operations of $8.65-$9.25. Corporate expenses of approximately $85 million. Effective tax rate of 31-32%. Capital expenditures of approximately $100 million. Stock repurchases of $300 million.For 2017, the company reiterates its guidance ranges for the full year.
Reiterating guidance for 2017 revenue growth of 5-7%, with a 0.5% benefit from... More