Lennox (LII) Offers FY20 Guidance

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/18/2026

1. VRNS
2. CRWV
3. JBHT
4. TSLA
5. SCHW
6. GPRK
7. TRV
8. TFC
9. NEST:IN
10. AA

Go back to Lennox (LII) Offers FY20 Guidance

Lennox International Announces 2020 Financial Guidance

December 18, 2019 7:00 AM EST

DALLAS, Dec. 18, 2019 /PRNewswire/ -- Lennox International Inc. (NYSE: LII) today announced financial guidance for 2020. The company expects:

Adjusted revenue growth, excluding divestiture impact, of 4-8%. GAAP and adjusted EPS from continuing operations of $11.30-$11.90. Corporate expenses of approximately $90 million. Effective tax rate of 21-22%. Capital expenditures of approximately $153 million, including approximately $53 million funded by insurance proceeds to complete the reconstruction of the company's Iowa manufacturing facility that was damaged by a tornado in 2018. Stock repurchases of $400 million.

For... More