Lennox: Q1 Earnings Snapshot
RICHARDSON, Texas (AP) _ Lennox International Inc. (LII) on Monday reported first-quarter net income of $83.6 million. The Richardson, Texas-based company said it had profit of $2.29 per share. Earnings, adjusted for non-recurring costs and restructuring costs, came to $2.36 per share. The results surpassed Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $2.03 per share. The manufacturer of furnaces, air conditioners and other products posted revenue of $1.01 billion in the period, which also topped Street forecasts. Eleven analysts surveyed by Zacks expected $965.8 million. Lennox expects full-year earnings in the range of $13.50 to $14.50 per share. _____ This story was generated by Automated Insights (http:||automatedinsights.com|ap) using data from Zacks Investment Research. Access a Zacks stock report on LII at https:||www.zacks.com|ap|LII
Lennox: Q1 Earnings Snapshot
RICHARDSON, Texas (AP) _ Lennox International Inc. (LII) on Monday reported first-quarter net income of $83.6 million. The Richardson, Texas-based company said it had profit of $2.29 per share. Earnings, adjusted for non-recurring costs and restructuring costs, came to $2.36 per share. The results surpassed Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $2.03 per share. The manufacturer of furnaces, air conditioners and other products posted revenue of $1.01 billion in the period, which also topped Street forecasts. Eleven analysts surveyed by Zacks expected $965.8 million. Lennox expects full-year earnings in the range of $13.50 to $14.50 per share. _____ This story was generated by Automated Insights (http:||automatedinsights.com|ap) using data from Zacks Investment Research. Access a Zacks stock report on LII at https:||www.zacks.com|ap|LII