Lennox (LII) Tops Q3 EPS by 50c, Revenues Beat; Raises FY20 EPS Guidance Above Consensus

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Go back to Lennox (LII) Tops Q3 EPS by 50c, Revenues Beat; Raises FY20 EPS Guidance Above Consensus

Lennox International Reports Record Third Quarter Revenue and Profit and Raises 2020 Guidance

October 19, 2020 7:30 AM EDT

DALLAS, Oct. 19, 2020 /PRNewswire/ -- Lennox International Inc. (NYSE: LII) today reported financial results for the third quarter of 2020. All comparisons are to the prior-year period. The company's prior-year insurance references relate to the July 2018 tornado damage at a Residential manufacturing facility in Iowa. Adjusted revenue and profit for the first nine months of 2019 exclude non-core Refrigeration businesses divested in the first half of that year.

Lennox International reported record third-quarter revenue of $1.06 billion, up 2%. GAAP operating income was a third-quarter record $167 million, up 7%. GAAP earnings per share from continuing... More