RICHARDSON, Texas (AP) — RICHARDSON, Texas (AP) — Lennox International Inc. (LII) on Wednesday reported fourth-quarter net income of $142.5 million.
On a per-share basis, the Richardson, Texas-based company said it had profit of $4.07. Earnings, adjusted for one-time gains and costs, came to $4.45 per share.
The results fell short of Wall Street expectations. The average estimate of 15 analysts surveyed by Zacks Investment Research was for earnings of $4.76 per share.
The manufacturer of furnaces, air conditioners and other products posted revenue of $1.2 billion in the period, which also did not meet Street forecasts. Fifteen analysts surveyed by Zacks expected $1.27 billion.
For the year, the company reported profit of $805.8 million, or $22.79 per share. Revenue was reported as $5.2 billion.
Lennox expects full-year earnings in the range of $23.50 to $25 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LII at https://www.zacks.com/ap/LII
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