U.S. Markets closed

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