Lennox international reports q1 adjusted earnings per share $0.56 from continuing operations

Lennox international reports first quarter results and updates outlook.q1 adjusted earnings per share $0.56 from continuing operations.q1 gaap earnings per share $0.32 from continuing operations.q1 earnings per share estimate $1.11 -- refinitiv ibes data.sees fy 2020 adjusted earnings per share $7.50 to $8.50 from continuing operations.sees fy 2020 gaap earnings per share $7.07 to $8.07 from continuing operations.q1 revenue $724 million versus refinitiv ibes estimate of $767 million.says 2020 adjusted revenue expected to be down 11-17% from prior year versus previous guidance for 4-8% growth.says $115 million of sg&a cost reduction actions taken for balance of 2020.says q1 results impacted by adverse weather and covid-19 pandemic.says for 2020, currently assumes negative 20% impact from covid-19 on north america unitary hvac and refrigeration.now sees 2020 capital expenditures of about $120 million, compared to previous guidance of $153 million.fy2020 earnings per share view $9.93, revenue view $3.73 billion -- refinitiv ibes data.
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