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RICHARDSON, Texas (AP) — RICHARDSON, Texas (AP) — Lennox International Inc. (LII) on Wednesday reported first-quarter profit of $120.3 million.
The Richardson, Texas-based company said it had profit of $3.37 per share.
The results exceeded Wall Street expectations. The average estimate of 15 analysts surveyed by Zacks Investment Research was for earnings of $3.25 per share.
The manufacturer of furnaces, air conditioners and other products posted revenue of $1.07 billion in the period, also surpassing Street forecasts. Fifteen analysts surveyed by Zacks expected $1.03 billion.
Lennox expects full-year earnings in the range of $22.25 to $23.50 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