Lennox Revises FY13 Outlook - Quick Facts

(RTTNews) - Lennox International Inc. (LII), a maker of climate control products, updated its guidance for the current year, raising the lower end of revenue and earnings per share guidance for the full year 2013.

For the full year 2013, the firm raised the low end of revenue growth guidance from 6-8% to 7-8%, while foreign exchange is still expected to have a neutral impact on a full-year basis. Meanwhile, the low end of adjusted EPS from continuing operations guidance is rasied to $3.60 - $3.75, from the prior $3.50 - $3.75 range, also increasing the low end of GAAP EPS from continuing operations guidance to $3.53 - $3.68, from $3.43 -$3.68.

Further, the company announced its 2014 guidance, projecting revenue growth of 3% - 7%, with a neutral impact from foreign exchange; and adjusted and GAAP EPS from continuing operations of $4.20 - $4.60.