Allegion(ALLE)

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Allegion(ALLE) - 2024 Q2 - Earnings Call Presentation
2024-07-24 16:43
July 24, 2024 PIONEERING SAFETY" Q2-2024 Earnings Call Cautionary Statements Forward-Looking Statements This presentation contains "forward-looking statements," which are statements that are not historical facts, including, but not limited to, statements related to Key Business Drivers, FY-2024 Outlook and statements regarding market trends, electronics growth, global software solutions business, the company's financial performance in 2024 and future years, the company's business plans and strategy, the com ...
Allegion (ALLE) Q2 Earnings Top Estimates, Revenues Up Y/Y
ZACKS· 2024-07-24 16:41
Allegion plc’s (ALLE) second-quarter 2024 adjusted earnings of $1.96 per share beat the Zacks Consensus Estimate of $1.77. The bottom line increased 11.4% year over year.Revenue DetailsAllegion’s revenues were $965.6 million, which increased 5.8% year over year. Organic revenues increased 5.2% driven by price realization and volume growth. The company’s revenues beat the Zacks Consensus Estimate of $944 million.Acquired assets boosted revenues by 0.9%. Forex woes left a negative impact of 0.3% on revenues.A ...
Allegion (ALLE) Beats Q2 Earnings and Revenue Estimates
ZACKS· 2024-07-24 12:06
Allegion (ALLE) came out with quarterly earnings of $1.96 per share, beating the Zacks Consensus Estimate of $1.77 per share. This compares to earnings of $1.76 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 10.73%. A quarter ago, it was expected that this security device maker would post earnings of $1.41 per share when it actually produced earnings of $1.55, delivering a surprise of 9.93%.Over the last four quarters, the co ...
Allegion(ALLE) - 2024 Q2 - Quarterly Report
2024-07-24 10:01
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________ FORM 10-Q _______________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-35971 _______________________________ ALLEGION PUBLIC LI ...
Allegion(ALLE) - 2024 Q2 - Quarterly Results
2024-07-24 10:01
Allegion (NYSE: ALLE) Reports Q2-2024 Financial Results Strong execution drives second-quarter performance; Company raises full-year outlook Quarterly Financial Highlights (All comparisons against the second quarter of 2023, unless otherwise noted) • Net earnings per share (EPS) of $1.77, up 9.9% compared with $1.61; Adjusted EPS of $1.96, up 11.4% compared with $1.76 • Revenues of $965.6 million, up 5.8% on a reported basis and up 5.2% on an organic basis • Operating margin of 21.6%, compared with 20.2%; A ...
Allegion (ALLE) to Report Q2 Earnings: What's in the Offing?
ZACKS· 2024-07-19 16:00
Allegion plc (ALLE) is scheduled to release second-quarter 2024 results on Jul 24, before market open.The Zacks Consensus Estimate for second-quarter earnings has remained steady in the past 30 days. The company has an impressive earnings surprise history, having outperformed the consensus estimate in each of the preceding four quarters, the average beat being 8.6%.The consensus estimate for revenues is pegged at $944.3 million, indicating growth of 3.5% from the year-ago quarter’s reported figure. The cons ...
Allegion (ALLE) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
ZACKS· 2024-07-17 15:07
The market expects Allegion (ALLE) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on J ...
These 3 Stocks Are Down in 2024, but Look Set for a Spectacular Recovery in the Second Half
The Motley Fool· 2024-06-29 22:32
Value investors should consider these stocks because they have significant upside potential for the rest of 2024.Shares in UPS (UPS 0.75%), aerospace materials company Hexcel (HXL -1.84%), and security doors and locks company Allegion (ALLE 1.57%) have all experienced a significant dip so far in 2024, lagging behind the S&P 500 index's 14.6% gain over the same period. However, compelling evidence suggests that all three are positioned to outperform the market in the second half and beyond. Here's why.The in ...
Here's Why Investors Should Bet on Allegion (ALLE) Stock Now
ZACKS· 2024-06-28 17:20
Allegion plc (ALLE) is benefiting from strength in the Allegion International segment, acquired assets and shareholder-friendly moves.Let us delve into the factors that make this Zacks Rank #2 (Buy) company a smart investment choice at the moment.Growth CatalystsBusiness Strength: Allegion is poised to gain from strong momentum in the Allegion International segment. An increase in demand for electronic security products, driven by growing awareness about the security and safety of people and infrastructure, ...
Old Dominion University Launches Mobile Credentials with CBORD and Allegion
Newsfilter· 2024-06-28 11:30
NORFOLK, Va., June 28, 2024 (GLOBE NEWSWIRE) -- CBORD, the leading provider of integrated technology solutions for campus ID card systems, access control, foodservice, nutrition and commerce, is excited to announce that Old Dominion University has successfully launched mobile credentials on its campus. This achievement aligns with ODU's mission to serve its students and enrich the community through rigorous academic programs and strategic partnerships. "This state-of-the-art offering marks a significant adv ...