earnings
confidence high
sentiment positive
materiality 0.75
Lennox reports record FY2021 revenue $4.19B, adj. EPS $12.60; raises FY2022 EPS guidance
LENNOX INTERNATIONAL INC
2021-FY EPS reported
$12.39
revenue$4,194,100,000
- Q4 revenue record $965M (+6% YoY); GAAP EPS $2.27 vs $2.91; adj. EPS $2.35 vs $2.89
- FY2021 revenue record $4.19B (+15%); GAAP EPS $12.39 (+34%); adj. EPS $12.60 (+27%)
- Repurchased $600M stock; paid $127M dividends in 2021; free cash flow $410M
- Raising FY2022 EPS guidance to $13.50-$14.50 (from $13.40-$14.40); revenue growth 5-10% reiterated
- Commercial segment hurt: Q4 revenue -11%, profit -64%; Refrigeration profit +29%