Lennox International Inc. (LII) reported that its fourth-quarte net income decreased to $6.5 million or $0.11 per share from $10.4 million or $0.18 per share last year.
Earnings per share from continuing operations decreased to $0.17 from $0.21 prior year. Adjusted EPS from continuing operations increased to $0.58 from $0.52 last year.
On average, 6 analysts polled by Thomson Reuters expected the company to report profit of $0.49 per share for the quarter. Analysts' estimates typically exclude special items.
Net sales decreased to $733.5 million from $738.3 million a year ago. Analysts expected revenue of $678.10 million for the quarter.
The company reiterated its 2010 outlook originally provided on December 16, 2009. Adjusted EPS from continuing operations is expected to be in the range of $1.85 to $2.25. GAAP EPS from continuing operations is expected to be in the range of $1.75 to $2.15.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.