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Allegion(ALLE) - 2023 Q4 - Earnings Call Presentation
2024-02-20 15:14
Q4-2023 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 the Key Drivers for 2024, Full-Year 2024 Outlook, and statements regarding market trends, electronics growth, global software solutions business, the company's fin ...
Allegion(ALLE) - 2023 Q4 - Earnings Call Transcript
2024-02-20 15:14
Allegion plc (NYSE:ALLE) Q4 2023 Earnings Conference Call February 20, 2024 8:00 AM ET Company Participants Josh Pokrzywinski - VP, IR John Stone - President & CEO Mike Wagnes - SVP & CFO Conference Call Participants Joe O'Dea - Wells Fargo Vivek Srivastava - Goldman Sachs Jeffrey Sprague - Vertical Research Partners Julian Mitchell - Barclays Brett Linzey - Mizuho Tim Wojs - Baird Andrew Obin - Bank of America Chris Snyder - UBS Operator Good morning, and welcome to the Allegion Fourth Quarter 2023 Earning ...
Allegion (ALLE) Surpasses Q4 Earnings Estimates
Zacks Investment Research· 2024-02-20 13:05
Allegion (ALLE) came out with quarterly earnings of $1.68 per share, beating the Zacks Consensus Estimate of $1.57 per share. This compares to earnings of $1.60 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.01%. A quarter ago, it was expected that this security device maker would post earnings of $1.71 per share when it actually produced earnings of $1.94, delivering a surprise of 13.45%.Over the last four quarters, the co ...
Allegion (NYSE: ALLE) Reports Q4, Full-Year 2023 Financial Results, Introduces 2024 Outlook
Businesswire· 2024-02-20 10:30
DUBLIN--(BUSINESS WIRE)--Allegion plc (NYSE: ALLE), a leading global security products and solutions provider, today reported financial results for its fourth quarter (ended Dec. 31, 2023). “ Allegion’s fourth quarter reflected strong execution, margin expansion and cash generation by our team,” said President and CEO John H. Stone. “ Celebrating our 10th anniversary as a standalone company in December, we are proud to have closed the year with record revenue, adjusted operating income and adjusted EPS.” ...
Allegion(ALLE) - 2023 Q4 - Annual Report
2024-02-19 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 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 No. 001-35971 ALLEGION PUBLIC LIMITED COMPANY (Exact name of registrant as specified in its charter) Ireland 98-1108930 (State or other jurisdic ...
What's in the Offing for Allegion (ALLE) This Earnings Season?
Zacks Investment Research· 2024-02-16 13:56
Allegion plc (ALLE) is scheduled to release fourth-quarter 2023 results on Feb 20, before market open.The Zacks Consensus Estimate for the company’s fourth-quarter 2023 earnings has remained steady in the past 60 days. However, the company has an impressive earnings surprise history, having outperformed the consensus estimate in each of the preceding four quarters, the average beat being 12.9%.The consensus estimate for the company’s fourth-quarter 2023 revenues is pegged at $913 million, suggesting growth ...
Allegion US Joins The 'I Love U Guys' Foundation as Mission Partner
Prnewswire· 2024-02-14 14:00
Core Viewpoint - Allegion US has partnered with The "I Love U Guys" Foundation to enhance school safety through collaborative efforts and shared expertise in crisis response and security solutions [1][4]. Company Initiatives - Allegion has a long-term commitment to improving K-12 safety and security, exemplified by its new podcast "The Changing Face of School Security," which features discussions with industry experts and community leaders [2][6]. - The company emphasizes the importance of locking classroom doors from the inside, aligning with recommendations from the Sandy Hook Advisory Commission [4]. Foundation Overview - The "I Love U Guys" Foundation was established in 2006 after a tragic school shooting, and its programs, including the Standard Response Protocol (SRP) and Standard Reunification Method (SRM), are implemented in over 50,000 educational institutions globally [3][10]. - The foundation aims to foster safety, preparedness, and reunification in schools, supported by a network of survivors, first responders, and community members [9]. Collaborative Efforts - Allegion's partnership with The "I Love U Guys" Foundation goes beyond mere sponsorship, focusing on leveraging relationships and expertise to create safer school environments [4][5]. - The collaboration aims to develop comprehensive safety solutions through authentic cooperation among various stakeholders, including non-profits, security manufacturers, and educators [5]. Historical Context - Allegion has a century-long legacy in securing educational facilities, with brands like Schlage and Von Duprin dedicated to providing security solutions based on best practices and credible sources [5][8].
Allegion to Attend 2024 Barclays Industrial Select Conference
Businesswire· 2024-02-08 22:00
DUBLIN--(BUSINESS WIRE)--Allegion plc (NYSE: ALLE) President and CEO John H. Stone will discuss the company’s long-term strategy at the 2024 Barclays Industrial Select Conference on Thursday, Feb. 22. The conference will be held at Loews Miami Beach Hotel. 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 access, with leading brands like CISA®, Interflex® ...
BRC or ALLE: Which Is the Better Value Stock Right Now?
Zacks Investment Research· 2024-02-08 17:41
Investors interested in stocks from the Security and Safety Services sector have probably already heard of Brady (BRC) and Allegion (ALLE) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Sc ...
Allegion's Board Increases Quarterly Dividend by 7%
Businesswire· 2024-02-07 22:00
DUBLIN--(BUSINESS WIRE)--Allegion plc (NYSE: ALLE), a leading global security products and solutions provider, today announced that its board of directors declared a quarterly dividend of $0.48 per ordinary share of the company – representing a 7% increase from 2023. “ This is Allegion’s 10th consecutive annual dividend increase, highlighting our board’s continued confidence in our company’s cash flow generation, business strategy and performance,” said Allegion President and CEO John H. Stone. The divide ...