Lennox International (LII) PT Lowered to $310 at Goldman Sachs

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Go back to Lennox International (LII) PT Lowered to $310 at Goldman Sachs

Lennox International Reports Third Quarter Results

October 25, 2021 7:30 AM EDT

DALLAS, Oct. 25, 2021 /PRNewswire/ -- Lennox International Inc. (NYSE: LII), a global leader in energy-efficient climate-control solutions, today reported financial results for the third quarter of 2021. All comparisons are to the prior-year period.

Lennox International reported record third-quarter revenue of $1.06 billion, up slightly from the prior-year quarter. Foreign exchange was neutral. GAAP operating income was $163 million, down 3%. GAAP earnings per share from continuing operations was $3.41 compared to $3.42 in the prior-year quarter.

Total segment profit was $165 million, down 7%, and total segment margin was 15.5%, down 120 basis points. Adjusted earnings per share from... More