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Lennox Reports Solid 4Q and Full Year Results Feb 7, 2008 |
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Lennox International Inc. reported solid fourth quarter and strong full year results. For the fourth quarter, revenue was US$887 million, up 1% over the prior year. Diluted earnings per share on an adjusted basis, a non-GAAP measure, were $0.55 compared to $0.46 in the year ago quarter, growth of 20%. Diluted earnings per share on a GAAP basis grew 2% to $0.59 compared to $0.58 in the year ago quarter. For the full year, revenue was $3.7 billion, up 1% over the prior year.
Residential Heating and Cooling had revenue of $354 million, down 11% from the year ago quarter, Commercial Heating and Cooling had revenue of $224 million, up 14% from the year ago quarter, Service Experts had revenue of $169 million, up 5% the year ago quarter, and Refrigeration had revenue of $158 million, up 17% from the year ago quarter.