Lennox (LII) Tops Q2 EPS by 33c; Raises Outlook
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Lennox International Reports Record Revenue and Profit in Second Quarter
July 26, 2021 7:30 AM EDTDALLAS, July 26, 2021 /PRNewswire/ --Â Lennox International Inc. (NYSE: LII), a global leader in energy-efficient climate-control solutions, today reported financial results for the second quarter of 2021. All comparisons are to the prior-year period.
Lennox International reported record revenue of $1.24 billion in the second quarter, up 32%. Foreign exchange had a positive 2% impact on revenue growth. GAAP operating income was a record $216 million, up 59%. GAAP earnings per share from continuing operations was a record $4.51, up 72%.
Total segment profit was a record $222 million, up 45%. Total segment margin expanded 160 basis points to 17.9%. Adjusted earnings per share... More
