Commercial product line serves as first line of defense from hurricanes, withstanding high wind pressure, resisting forced entry, and providing improved energy efficiency. FARMINGTON, Conn., April 26, 2024 /PRNewswire/ -- STANLEY Access Technologies, part of the Allegion family of brands and leading provider of automatic door solutions and service, is launching enhanced Dura-Storm door products. Designed to increase the structural resilience of commercial and public buildings, the new and expanded line of D ...

Allegion plc’s (ALLE) first-quarter 2024 adjusted earnings of $1.55 per share beat the Zacks Consensus Estimate of $1.41. However, the bottom line fell 1.9% year over year.Revenue DetailsIn the quarter under review, Allegion’s revenues were $893.9 million, declining 3.2% year over year. Organic sales in the quarter decreased 3.6% due to softness in the company’s residential and non-residential businesses. Allegion’s revenues missed the Zacks Consensus Estimate of $915 million.Acquired assets boosted sales b ...

Allegion plc (NYSE:ALLE) Q1 2024 Earnings Conference Call April 25, 2024 8:00 AM ET Company Participants Josh Pokrzywinski - VP, IR John Stone - President and CEO Mike Wagnes - SVP and CFO Conference Call Participants Matthew Pan - Barclays Joe O'Dea - Wells Fargo Peter Costa - Mizuho Operator Good morning, and welcome to the Allegion First Quarter 2024 Earnings Call [Operator Instructions] Please note, this event is being recorded. I would now like to turn the conference over to Josh Pokrzywinski, Vice Pre ...

Allegion (ALLE) came out with quarterly earnings of $1.55 per share, beating the Zacks Consensus Estimate of $1.41 per share. This compares to earnings of $1.58 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 9.93%. A quarter ago, it was expected that this security device maker would post earnings of $1.57 per share when it actually produced earnings of $1.68, delivering a surprise of 7.01%.Over the last four quarters, the com ...

Allegion (NYSE: ALLE) Reports Q1-2024 Financial Results First quarter marked by strong execution; Company affirms full-year outlook Quarterly Financial Highlights (All comparisons against the first quarter of 2023, unless otherwise noted) • Net earnings per share (EPS) of $1.41, up 0.7% compared with $1.40; Adjusted EPS of $1.55, down 1.9% compared with $1.58 • Revenues of $893.9 million, down 3.2% on a reported basis and down 3.6% on an organic basis • Operating margin of 19.3%, compared with 18.5%; Adjust ...

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 March 31, 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 L ...

Allegion (ALLE) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on April 25. On the ...

Allegion plc (ALLE) appears in good shape, with its shares having rallied 27.8% in the past year compared with the industry’s 19.3% growth.What’s Aiding ALLE?Allegion has been benefiting from strong operational performance owing to steady demand across its end markets. Pricing actions are helping the company partly offset inflationary pressure. The company’s Americas segment has been witnessing strength driven by solid momentum in its non-residential business. The Allegion International segment is benefitin ...

Allegion addresses the challenges of modern security with innovative products and services that link the world to seamless and secure access LAS VEGAS, April 9, 2024 /PRNewswire/ -- Allegion US, a leading provider of security solutions, technology and services, will be exhibiting and demonstrating new interoperable electronic access control technologies and software at the ISC West 2024 (booth # 20055), the security industry's most comprehensive and converged trade show occurring from April 9-12, 2024, at ...

Core Insights - Insider buying, particularly by CEOs, is a strong indicator of future share prices, but requires institutional and analyst support for sustained price movement [2] - The article highlights the five most significant CEO purchases in Q1 2024 based on dollar volume [2] Group 1: CEO Purchases - Allegion CEO John Stone purchased over $1.3 million in shares, but analysts have a Hold rating and expect a 5% decline in share price due to recent valuation concerns [3] - Marpai, Inc. CEO tripled his holdings in Q1, with a total insider holding of 61%, and received an upgrade to Buy from Hold with a price target of $6, indicating over 150% upside potential [5] - Keurig Dr Pepper CEO bought nearly $5 million in shares, with total insider holdings at 0.8%, while analysts rate the stock as a Moderate Buy with over 15% upside potential [6] - Snowflake's new CEO purchased over $5 million in shares, increasing his holdings to 0.06%, with institutional activity showing bullish trends [8] - Sphere Entertainment CEO James Lawrence Dolan made three purchases totaling $11 million, representing the largest insider purchase, with total insider ownership at 25% [10]