Lennox International, Inc. (NYSE:LII) Q3 2019 Earnings Conference Call - Final Transcript

Oct 21, 2019 • 09:30 am ET

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Lennox International, Inc. (NYSE:LII) Q3 2019 Earnings Conference Call - Final Transcript

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Q & A
Analyst
Stephen Tusa

on that? Or is the business somehow meaningfully different? And there will be different headwinds and tailwinds on kind of that -- kind of just taking the tornado impacts out entirely? Is that a bad way to look at it?

Executive
Todd M. Bluedorn

I mean, the way I would build the model would -- I would do it that way. I would take out all the tornado stuff, I would look at '17 as a base case and then I would look at the 2020 revenue. I think, I might have a closer to 30% than 35%. But I would start there.

Analyst
Stephen Tusa

Excellent. All right. Thanks for the color guys. Appreciate it as always.

Executive
Todd M. Bluedorn

Thanks.

Operator
Operator

And we'll be turning the conference back to you Mr. Harrison.

Executive
Steve L. Harrison

Okay. That's my biggest compliment of this call as we call Steve Harrison, so thank you. To wrap up, as we move into the heating season, the fourth quarter is off to a solid start, and we look forward to a strong finish to the year. The residential market continues to look robust, weather aside, commodity costs are trending down for more price cost benefit moving forward. And the investments we have made in products and distribution set us up well for 2020. I want to thank everyone for joining us.

Operator
Operator

[Operator Closing Remarks]