Lennox International Q3 revenue record $1.052 billion
Article continues below
Revenue was a third-quarter record $1.052 billion, up 4%. At constant currency, revenue was up 3%.
GAAP operating income was $155 million, down 1%. GAAP earnings per share from continuing operations was a third-quarter record $2.45, up 5%.
On an adjusted basis, total segment profit increased 2% to a third-quarter record $161 million.
Total segment margin was 15.3%, down 30 basis points from the record third-quarter level of a year ago.
Adjusted EPS from continuing operations rose 9% to a third-quarter record $2.53.
Net cash from operations in the third quarter was $177 million, up from $152 million in the prior-year quarter.
Capital expenditures were $17 million compared to $18 million in the prior-year quarter.
Free cash flow was $160 million, up from approximately $134 million in the third quarter a year ago.
Total debt at the end of the third quarter was $1.124 billion.
Total cash and cash equivalents were $61 million at the end of September.
In the third quarter, the company paid approximately $22 million in dividends and $75 million for stock repurchases. ■