Lennox International Reports Q4 EPS of $.55 vs. $.53

Lennox International Inc. LII earlier today reported fourth quarter and full year 2010 results. For the fourth quarter, revenue was $762 million, up 4% from the prior-year quarter. Foreign exchange was neutral to revenue. Total segment profit margin was 6.4%, down from 7.1% in the prior-year quarter primarily due to higher commodity costs. Diluted earnings per share from continuing operations on an adjusted basis was $0.55 compared to $0.58 in the prior-year quarter. Diluted earnings per share from continuing operations on a GAAP basis was $0.51 compared to $0.17 in the fourth quarter a year ago.