Lennox International Inc Q2 adjusted earnings Beat Estimates

Lennox International Inc (LII) revealed earnings for its second quarter that increased from the same period last year.

The company’s earnings totaled $137.6 million, or $3.35 per share. This compares with $115.5 million, or $2.69 per share, in last year’s second quarter.

Excluding items, Lennox International Inc reported adjusted earnings of $150.5 million or $3.67 per share for the period.

Analysts had expected the company to earn $3.56 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter rose 7.3% to $1.18 billion from $1.10 billion last year.

Lennox International Inc earnings at a glance:

-Earnings (Q2): $150.5 Mln. vs. $121.0 Mln. last year.
-EPS (Q2): $3.67 vs. $2.83 last year.
-Analysts Estimate: $3.56
-Revenue (Q2): $1.18 Bln vs. $1.10 Bln last year.

-Guidance:
Full year EPS guidance: $9.95 – $10.35

by RTTNews Staff Writer

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