Lennox International Sees 2012 Adjusted EPS of $2.20-2.60

Lennox International Inc. LII today announced its financial guidance for 2012. The company expects: Organic revenue growth of 2-6%, with a neutral impact from foreign exchange Adjusted Earnings Per Share from Continuing Operations of $2.20-$2.60 GAAP Earnings Per Share from Continuing Operations of $2.17-$2.57 Capital expenditures of approximately $55 million Tax rate of 33-34% Stock repurchases of $50 million for 2012 The company also reiterated its financial guidance for the full year of 2011: Revenue growth of 7-9%, with organic revenue growth of 0-2%, including 2 points of positive impact from foreign exchange Adjusted Earnings Per Share from Continuing Operations of $2.00-$2.15 GAAP Earnings Per Share from Continuing Operations of $1.78-$1.93 Capital expenditures of $45-50 million Tax rate of approximately 33.5% $120 million of stock repurchases
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