Lennox Int'l Backs Recently Raised FY21 Outlook - Quick Facts

(RTTNews) - While reporting financial results for the second quarter on Monday, Lennox International Inc. (LII) maintained its earnings and revenue growth guidance for the full-year 2021, which was raised on July 14.

For fiscal 2021, the company expects earnings from continuing operations in a range of $11.97 to $12.57 per share and adjusted earnings from continuing operations in a range of $12.10 to $12.70 per share on revenue growth of 11 to 15 percent and now 12 to 16 percent at actual currency.

On average, 18 analysts polled by Thomson Reuters expect the company to report earnings of $12.50 per share on a revenue growth of 12.2 percent to $4.08 billion for the year. Analysts' estimates typically exclude special items.

The company is also raising 2021 stock repurchase guidance to a total of $600 million from the prior guidance of $400 million which was completed in the first half of the year.