Lennox (LII) FY19 EPS Guidance Tops Views

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Go back to Lennox (LII) FY19 EPS Guidance Tops Views

Lennox International Announces 2019 Financial Guidance and Updates 2018 Guidance for Earlier Timing of Insurance Proceeds

December 12, 2018 7:00 AM EST

DALLAS, Dec. 12, 2018 /PRNewswire/ -- Lennox International Inc. (NYSE: LII) today announced 2019 financial guidance and updated 2018 guidance to reflect the earlier receipt of insurance proceeds than in previous guidance. The insurance proceeds relate to the July 2018 tornado that damaged the company's Iowa manufacturing facility and disrupted operations. Summary charts of the changes discussed below are available in the company's 2018 Investment Community Meeting presentation at www.lennoxinternational.com.

Overall for 2018 and 2019, the company expects to receive approximately $347 million in... More