Lennox (LII) Tops Q2 EPS by 45c, Raises FY EPS Guidance

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Go back to Lennox (LII) Tops Q2 EPS by 45c, Raises FY EPS Guidance

Lennox International Reports Second Quarter Results and Raises 2020 Guidance

July 20, 2020 7:30 AM EDT

DALLAS, July 20, 2020 /PRNewswire/ -- Lennox International Inc. (NYSE: LII) today reported financial results for the second quarter of 2020. All comparisons are to the prior-year period. The company's insurance references relate to the July 2018 tornado damage at a Residential manufacturing facility in Iowa. Adjusted revenue and profit exclude non-core Refrigeration businesses divested in prior periods.

For the second quarter of 2020, Lennox International reported revenue of $941 million, down 14%. GAAP operating income was $136 million compared to $214 million in the prior-year quarter. GAAP earnings per share from continuing operations was $2.62 compared to $2.81 in the... More