Lennox International Boosts FY21 Outlook - Quick Facts

(RTTNews) - While reporting financial results for the first quarter on Monday, Lennox International Inc. (LII) raised its earnings and revenue growth outlook for the full-year 2021.

For fiscal 2021, Lennox now projects earnings from continuing operations in a range of $11.33 to $11.93 per share and adjusted earnings from continuing operations in a range of $11.40 to $12.00 per share on revenue growth of 7 to 11 percent.

Previously, the company expected earnings and adjusted earnings from continuing operations in the range of $10.55 to $11.15 per share on revenue growth of 4 to 8 percent.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $11.23 per share on a revenue growth of 6.5 percent to $3.87 billion for the year. Analysts' estimates typically exclude special items.