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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Lennox International Inc | NYSE:LII | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.64 | 0.14% | 455.79 | 462.47 | 445.625 | 458.41 | 305,102 | 00:59:59 |
By Mary de Wet
Lennox International Inc. said Monday it expects foreign exchange to add to revenue growth this year.
On its outlook:
While Lennox narrowed its 2021 guidance for revenue growth to 13% to 15%, from 12% to 16% previously, the energy-efficient climate-control solutions provider said, "Foreign exchange is still expected to be 1% favorable to revenue growth for the full year."
In the first quarter, foreign exchange had a positive 1% impact on revenue growth, according to the company's previous report. In the second quarter, foreign exchange provided a 2% boost to revenue growth, but in the third quarter, the impact was neutral.
Write to Mary de Wet at mary.dewet@dowjones.com
(END) Dow Jones Newswires
October 25, 2021 08:23 ET (12:23 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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