Lennox Int'l (LII) Tops Q4 EPS by 3c, Raises Guidance

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Go back to Lennox Int'l (LII) Tops Q4 EPS by 3c, Raises Guidance

Lennox International Reports Record Fourth Quarter Margin and Profit to Cap Record Year and Raises 2018 EPS Guidance for U.S. Tax Legislation

February 6, 2018 8:00 AM EST

DALLAS, Feb. 6, 2018 /PRNewswire/ -- Lennox International Inc. (NYSE: LII) today reported fourth-quarter and full-year 2017 results. All comparisons are against the prior-year period. As previously noted, the first quarter of 2017 had 6% more days and the fourth quarter of 2017 had 6% fewer days than their respective prior-year periods.

For the fourth quarter, revenue was $892 million, down 1%. At constant currency, revenue was down 2%. GAAP operating income was $104 million, up 53%. GAAP earnings per share from continuing operations was $1.02, up 9%. Total segment profit increased 1% to a fourth-quarter record $106 million, and margin expanded 20 basis points to a fourth-quarter record... More