Lennox (LII) Tops Q4 EPS by 26c, Revenues Beat; Offers FY21 EPS Guidance
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Lennox International Reports Record Fourth Quarter Revenue and Record Cash Flow for the Year
February 2, 2021 7:30 AM ESTDALLAS, Feb. 2, 2021 /PRNewswire/ -- Lennox International Inc. (NYSE: LII), a global leader in energy-efficient climate-control solutions, today reported fourth-quarter and full-year 2020 results. All comparisons are to the prior-year period. The company's insurance references relate to damage at a Residential manufacturing facility in Iowa. Adjusted revenue and profit for the full-year of 2019 exclude non-core Refrigeration businesses divested in the first half of that year.
For the fourth quarter of 2020, revenue was a fourth-quarter record $914 million, up 3%. Foreign exchange was neutral to revenue. GAAP operating income was $139 million compared to $192... More
