Lennox International Reports Record Fourth Quarter Revenue and Record Cash Flow for the Year
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Lennox (LII) Tops Q4 EPS by 26c, Revenues Beat; Offers FY21 EPS Guidance
February 2, 2021 7:34 AM ESTLennox (NYSE: LII) reported Q4 EPS of $2.91, $0.26 better than the analyst estimate of $2.65. Revenue for the quarter came in at $914 million versus the consensus estimate of $881.47 million.
Fourth-quarter record company revenue of $914 million, up 3%Fourth-quarter GAAP EPS from continuing operations of $2.91 compared to $2.92 in the prior-year quarter; adjusted EPS from continuing operations up 18% to a fourth-quarter record of $2.89Generated record $612 million of cash from operations and record $535 million of free cash flow, paid $118 million in dividends and repurchased $100 million of stock in 2020Reiterating 2021 guidance for adjusted revenue growth of... More