Lennox (LII) Tops Q1 EPS by $1.01, Updates Guidance
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Lennox International Reports Record First Quarter Revenue and Profit and Raises 2021 Guidance
April 26, 2021 7:30 AM EDTDALLAS, April 26, 2021 /PRNewswire/ --Â Lennox International Inc. (NYSE: LII), a global leader in energy-efficient climate-control solutions, today reported financial results for the first quarter of 2021. All comparisons are to the prior-year period.
Lennox International reported record first-quarter revenue of $931 million, up 29%. Foreign exchange had a positive 1% impact to revenue growth. GAAP operating income was a first-quarter record $114 million, up 213%. GAAP earnings per share from continuing operations was a first-quarter record $2.20, up 588%.
Total segment profit was a first-quarter record $116 million, up 208%. Total segment margin expanded 720 basis points to 12.4%. Adjusted earnings per share... More
