Lennox International (NYSE: LII) reported earnings on April 22. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended March 31 (Q1), Lennox International beat expectations on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue contracted slightly. Non-GAAP earnings per share grew significantly. GAAP earnings per share grew.

Gross margins dropped, operating margins grew, net margins grew.

Revenue details
 Lennox International notched revenue of $668.4 million. The eight analysts polled by S&P Capital IQ wanted to see a top line of $636.0 million on the same basis. GAAP reported sales were the same as the prior-year quarter's.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
 EPS came in at $0.33. The 10 earnings estimates compiled by S&P Capital IQ forecast $0.27 per share. Non-GAAP EPS of $0.33 for Q1 were much higher than the prior-year quarter's $0.01 per share. (The prior-year quarter included -$0.11 per share in earnings from discontinued operations.) GAAP EPS were $0.16 for Q1 compared to -$0.12 per share for the prior-year quarter.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
 For the quarter, gross margin was 24.2%, 10 basis points worse than the prior-year quarter. Operating margin was 3.8%, 320 basis points better than the prior-year quarter. Net margin was 1.2%, 210 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
 Next quarter's average estimate for revenue is $878.3 million. On the bottom line, the average EPS estimate is $1.19.

Next year's average estimate for revenue is $3.11 billion. The average EPS estimate is $3.42.

Investor sentiment

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Lennox International is hold, with an average price target of $61.57.

Looking for alternatives to Lennox International? It takes more than great companies to build a fortune for the future. Learn the basic financial habits of millionaires next door and get focused stock ideas in our free report, "3 Stocks That Will Help You Retire Rich." Click here for instant access to this free report.