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Shares of Lennox International (LII) - Get Lennox International Inc. Report dropped on Monday after the Dallas provider of commercial and residential heating and cooling equipment missed analysts' estimates for second-quarter earnings and sales.

Lennox stock was trading down 5.2% at $264.50.

Net income was $110.7 million, or $2.80 a share, compared with $137.6 million, or $3.35 a share, in the year-earlier quarter.

Adjusted earnings from continuing operations were $3.74 a share. Sales fell 6.5% to $1.1 billion from $1.18 billion.

A survey of analysts by FactSet produced consensus estimates of profit of $4.12 a share on sales of $1.15 billion.

Lennox Chairman and CEO Todd Bluedorn said in a statement that the results reflected cooler temperatures and higher precipitation across the U.S., particularly in key central regions.

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The company also reduced its outlook for the full year.

Lennox now expects earnings from continuing operations of $11.91 to $12.51 a share, compared with its earlier estimate of $12.65 to $13.25.

The adjusted earnings estimate now ranges from $11.30 to $11.90 a share, down from $12 to $12.60 a share.

Lennox expects growth in adjusted revenue of 2% to 5%, down from an earlier view of 3% to 7%.

For all of 2019, analysts polled by FactSet are looking for profit of $12.29 a share on revenue of $3.9 billion.

Lennox reiterated that it expected to buy back $400 million of shares this year.