Lennox (LII +8.6%) moves higher after its Q3 report beat estimates, despite a 19% decline in Y/Y...

|About: Lennox International Inc. (LII)|By:, SA News Editor

Lennox (LII +8.6%) moves higher after its Q3 report beat estimates, despite a 19% decline in Y/Y profit. Higher commodity costs hit margins and offset top-line growth, but not enough to impact already reduced expectations. The company also cuts its FY11 revenue growth outlook from 8% -11% to 7% -9%.