Core Viewpoint - Allegion (ALLE) is positioned well to potentially beat earnings estimates in its upcoming quarterly report, supported by a strong history of surpassing expectations [1][2]. Group 1: Earnings Performance - Allegion has consistently exceeded earnings estimates, with an average surprise of 10.23% over the last two quarters [1]. - In the last reported quarter, Allegion achieved earnings of $1.68 per share, surpassing the Zacks Consensus Estimate of $1.57 per share by 7.01% [1]. - In the previous quarter, Allegion reported earnings of $1.94 per share against an expected $1.71 per share, resulting in a surprise of 13.45% [1]. Group 2: Earnings Estimates and Predictions - Recent changes in earnings estimates for Allegion have been favorable, with a positive Zacks Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of an earnings beat [2][3]. - The current Earnings ESP for Allegion is +0.22%, suggesting that analysts have become more optimistic about the company's earnings prospects [3]. - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [2]. Group 3: Upcoming Earnings Report - Allegion's next earnings report is expected to be released on April 25, 2024 [3].

Schlage® employee badge integration with Google Wallet enhances security and convenience for staff. CARMEL, Ind., April 3, 2024 /PRNewswire/ -- Allegion US, a leading security products and solutions provider, today announced support for Google Wallet mobile credentials to provide a seamless and secure way for employees to access their workplace facilities using their Android smartphones. This innovative offering is set to revolutionize the way workforces interact with company infrastructure and streamlines ...

It has been about a month since the last earnings report for Allegion (ALLE) . Shares have added about 3.2% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Allegion due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Allegion Q4 Earnings Top Estimates, Revenues Up Y ...

Allegion plc (ALLE) has been experiencing strength in its Americas segment driven by solid momentum in non-residential business. The segment’s revenues increased 3.7% in the fourth quarter of 2023. Also, its international segment is benefiting from solid demand environment in electronics and software solutions end markets. The international segment’s revenues grew 5.9% in the fourth quarter. For 2024, the company expects total revenues to grow 1.5-3.5% from the year-ago levels, while organic sales are expec ...

America's Most Trusted® Lock Brand1 Provides Additional Convenience to Users of Leading Home Rental Marketplace CARMEL, Ind., March 12, 2024 /PRNewswire/ -- Schlage®, a leading provider of home security and access solutions for over a century, today announced that its smart lock integration with Airbnb is now live. From today, most Airbnb Hosts with listings in the US and Canada will have seamless access to the industry-leading Schlage Encode™ Smart WiFi Lock Family directly within the Airbnb app, improving ...

DUBLIN--(BUSINESS WIRE)--Allegion plc (NYSE: ALLE) Senior Vice President and Chief Financial Officer Mike Wagnes will discuss the company’s long-term strategy at the 2024 Bank of America Global Industrials Conference on Wednesday, March 20. The conference will be held at The Landmark Hotel in London. A live listen-only webcast will be accessible via Allegion’s investor website at investor.allegion.com or directly by clicking here. About Allegion Allegion (NYSE: ALLE) is a global pioneer in seamless acces ...

Allegion plc (ALLE) recently completed the acquisition of electro-mechanical access control solutions provider — Montajes electronics Dorcas S.L. (“Dorcas”). The financial terms of the transaction were kept under wraps.Allegion’s shares inched up 1.6% yesterday to eventually close the trading session at $128.79.Headquartered in Siete Aguas, Spain, Dorcas specializes in manufacturing electro-mechanical and electro-magnetic locks, electric strikes, complementary access control solutions and door control produ ...

DUBLIN--(BUSINESS WIRE)--Allegion plc (NYSE: ALLE), a leading global security products and solutions provider, has acquired, through one of its wholly owned subsidiaries, Dorcas (Montajes electronicos Dorcas S.L.). Dorcas is a leading manufacturer of electro-mechanical access control solutions. The privately held company is based in Siete Aguas (Valencia region), Spain, where it specializes in the production of electric strikes, electro-mechanical and electro-magnetic locks, as well as complementary access ...

Leading Lock Brand Ranked Highest in Reviews and Trust Rating Amongst Competitors CARMEL, Ind., Feb. 26, 2024 /PRNewswire/ -- Schlage®, a leading provider of home security and access solutions for over a century, has been named the top door lock and hardware brand in Lifestory Research's America's Most Trusted® study for the fifth consecutive year. For its 2024 America's Most Trusted study, Lifestory Research surveyed over 3,700 consumers considering purchasing door locks and hardware sets between January a ...

Allegion plc’s (ALLE) fourth-quarter 2023 adjusted earnings of $1.68 per share beat the Zacks Consensus Estimate of $1.57. The bottom line improved 5% year over year.Revenue DetailsIn the quarter under review, Allegion’s revenues were $897.4 million, increasing 4.2% from the year-ago quarter. Organic sales in the quarter increased 2.6% due to solid growth in the company’s non-residential business. However, Allegion’s revenues missed the Zacks Consensus Estimate of $913 million.Acquired assets boosted sales ...