Lennox International Reports First Quarter Results and Updates Outlook

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Lennox (LII) Misses Q1 EPS by 55c, Lowers FY20 Guidance

April 20, 2020 7:32 AM EDT

Lennox (NYSE: LII) reported Q1 EPS of $0.56, $0.55 worse than the analyst estimate of $1.11. Revenue for the quarter came in at $724 million versus the consensus estimate of $767.51 million.

GUIDANCE:

Lennox sees FY2020 EPS of $7.50-$8.50, versus the consensus of $9.93.

Assuming a decline in the North America unitary HVAC and refrigeration market of... More