Lennox International Inc

NYSE:LII  
351.27
+3.34 (+0.96%)
Positive Earnings Pre-Announcement

Lennox International Raises 2020 Revenue, Profit And Free Cash Flow Guidance

Published: 12/16/2020 12:26 GMT
Lennox International Inc (LII) - Lennox International Raises 2020 Revenue, Profit and Free Cash Flow Guidance, and Announces 2021 Financial Guidance.
Raising FY 2020 Revenue Guidance From a Decline of 5-9% to a Decline of 4-6%.
Sees FY 2020 GAAP Earnings per Share $8.85 to $9.05 From Continuing Operations.
Sees FY 2020 Adjusted Earnings per Share $9.55 to $9.75 From Continuing Operations.
Sees FY 2021 GAAP and Adjusted EPS From Continuing Operations of $10.55-$11.15.
Sees FY 2021 Revenue Growth of 4-8%.
Raising FY 2020 Free Cash Flow Guidance From About $425 Million to About $475 Million.
Sees Stock Repurchases of $400 Million in FY 2021.
Sees FY 2021 Free Cash Flow of Approximately $325 Million.
FY2020 Earnings per Share View $9.54, Revenue View $3.59 Billion -- Refinitiv Ibes Data (analyst estimates).
FY2021 Earnings per Share View $10.77, Revenue View $3.79 Billion -- Refinitiv Ibes Data (analyst estimates).
Revenue is expected to be $1.15 Billion
Adjusted EPS is expected to be $4.17

Next Quarter Revenue Guidance is expected to be $1.09 Billion
Next Quarter EPS Guidance is expected to be $3.50

More details on our Analysts Page.