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Lennox: 1Q Earnings Snapshot

RICHARDSON, Texas (AP) _ Lennox International Inc. (LII) on Monday reported first-quarter earnings of $69.3 million.

The Richardson, Texas-based company said it had profit of $1.73 per share. Earnings, adjusted for one-time gains and costs, came to $1.68 per share.

The results topped Wall Street expectations. The average estimate of 17 analysts surveyed by Zacks Investment Research was for earnings of $1.39 per share.

The manufacturer of furnaces, air conditioners and other products posted revenue of $790.3 million in the period. Its adjusted revenue was $756 million, which also topped Street forecasts. Seventeen analysts surveyed by Zacks expected $755.3 million.

Lennox expects full-year earnings in the range of $12 to $12.60 per share.

Lennox shares have risen 24 percent since the beginning of the year. The stock has risen 34 percent in the last 12 months.


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