Lennox Int'l (LII) Tops Q4 EPS by 3c, Raises Guidance
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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 ESTDALLAS, Feb. 6, 2018 /PRNewswire/ --Â 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
