Lennox (LII) Tops Q1 EPS by 28c

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Lennox International Reports First Quarter Results

April 22, 2019 7:30 AM EDT

DALLAS, April 22, 2019 /PRNewswire/ -- Lennox International Inc. (NYSE: LII) today reported financial results for the first quarter of 2019. All comparisons are to the prior-year period. The company's tornado references relate to the July 2018 tornado damage at a Residential manufacturing facility in Iowa. Adjusted revenue and profit excludes non-core Refrigeration businesses divested in 2018 and 2019.

For the first quarter, Lennox International reported GAAP revenue of $790 million, down 5%. At constant currency, GAAP revenue was down 4%. GAAP operating income was a first-quarter record $95 million, up 79%. GAAP earnings per share from continuing operations was a first-quarter record... More