Lennox (LII) Offers FY20 Guidance

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/27/2026

1. ORCL
2. ANT
3. SPY
4. META
5. FFAI
6. FFR
7. CART
8. LLY
9. TSLA
10. FICO

Go back to Lennox (LII) Offers FY20 Guidance

Lennox International Announces 2020 Financial Guidance

December 18, 2019 7:00 AM EST

DALLAS, Dec. 18, 2019 /PRNewswire/ -- Lennox International Inc. (NYSE: LII) today announced financial guidance for 2020. The company expects:

Adjusted revenue growth, excluding divestiture impact, of 4-8%. GAAP and adjusted EPS from continuing operations of $11.30-$11.90. Corporate expenses of approximately $90 million. Effective tax rate of 21-22%. Capital expenditures of approximately $153 million, including approximately $53 million funded by insurance proceeds to complete the reconstruction of the company's Iowa manufacturing facility that was damaged by a tornado in 2018. Stock repurchases of $400 million.

For... More