Lennox: Q2 Earnings Snapshot

Associated Press Finance
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RICHARDSON, Texas (AP) — RICHARDSON, Texas (AP) — Lennox International Inc. (LII) on Wednesday reported second-quarter net income of $245.9 million.

The Richardson, Texas-based company said it had net income of $6.87 per share. Earnings, adjusted for non-recurring gains, were $6.83 per share.

The results exceeded Wall Street expectations. The average estimate of 15 analysts surveyed by Zacks Investment Research was for earnings of $6.55 per share.

The manufacturer of furnaces, air conditioners and other products posted revenue of $1.45 billion in the period, falling short of Street forecasts. Fifteen analysts surveyed by Zacks expected $1.47 billion.

Lennox expects full-year earnings to be $19.50 to $20.25 per share.

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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