RICHARDSON, Texas (AP) — RICHARDSON, Texas (AP) — Lennox International Inc. (LII) on Wednesday reported first-quarter net income of $124.3 million.
On a per-share basis, the Richardson, Texas-based company said it had net income of $3.47.
The results topped Wall Street expectations. The average estimate of 15 analysts surveyed by Zacks Investment Research was for earnings of $3.17 per share.
The manufacturer of furnaces, air conditioners and other products posted revenue of $1.05 billion in the period, which matched Street forecasts.
Lennox expects full-year earnings to be $19 to $20 per share.
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