earnings
confidence high
sentiment positive
materiality 0.85
Lennox Q2 revenue record $1.24B (+32%), EPS $4.51 (+72%); raises full-year guidance
LENNOX INTERNATIONAL INC
2021-Q2 EPS reported
$6.70
revenue$2,169,400,000
- GAAP EPS $4.51 from continuing operations, up 72%; adjusted EPS $4.57, up 54%.
- Residential segment revenue $838M (+30%), profit $190M (+49%), margin 22.6% (+290 bps).
- Commercial revenue $253M (+34%), profit $45M (+27%); Refrigeration revenue $148M (+37%), profit $14M (+52%).
- Raising 2021 revenue growth guidance to 12-16% actual currency; adjusted EPS guidance raised to $12.10-$12.70.
- Stock repurchase guidance raised to $600M; dividend increased 19%.