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LINKING SECURITY: ALLEGION US FEATURES INTEROPERABILITY, MOBILE CREDENTIALS, ZENTRA AND NEW SOLUTIONS AT ISC WEST
Prnewswire· 2025-03-31 16:00
Allegion addresses the challenges of modern security with innovative products and services that link the world to seamless and secure access LAS VEGAS, March 31, 2025 /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 ISC West 2025 (booth #25053), the security industry's most comprehensive and converged trade show occurring from March 31-April 4, 2025, at ...
Why Is Allegion (ALLE) Up 1.6% Since Last Earnings Report?
ZACKS· 2025-03-20 16:36
A month has gone by since the last earnings report for Allegion (ALLE) . Shares have added about 1.6% in that time frame, outperforming 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.How Have Estimates Been Moving Since Then?It turns out, es ...
Schlage Debuts Advanced Rekey™ at the 2025 International Builders' Show, Offering Builders another Quick and Convenient Security Solution
Prnewswire· 2025-02-25 14:01
America's Most Trusted lock brand 1 introduces a new rekeying feature, putting the power of streamlined home security in users' hands LAS VEGAS, Feb. 25, 2025 /PRNewswire/ -- Schlage, a leader in home security solutions for over a century, introduces Advanced Rekey™, an innovative rekeying solution that offers builders and their professional partners efficient key management and a simple way for homeowners to maintain security as their homes evolve. Debuting at the 2025 International Builders' Show (IBS) in ...
Allegion's Q4 Earnings & Revenues Surpass Estimates, Increase Y/Y
ZACKS· 2025-02-18 21:00
Allegion plc’s (ALLE) fourth-quarter 2024 adjusted earnings of $1.86 per share beat the Zacks Consensus Estimate of $1.74. The bottom line increased 10.7% year over year.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.ALLE’s Revenue DetailsAllegion’s revenues were $945.6 million, which increased 5.4% year over year. Organic revenues increased 3.5%, driven by price realization and volume growth in the Americas region. Revenues beat the Zacks Consensus Estimate of $939 million.Acquire ...
Allegion(ALLE) - 2024 Q4 - Earnings Call Transcript
2025-02-18 14:54
Allegion plc (NYSE:ALLE) Q4 2024 Earnings Conference Call February 18, 2025 8:00 AM ET Company Participants Josh Pokrzywinski - Vice President of Investor Relations John Stone - President and Chief Executive Officer Mike Wagnes - Senior Vice President and Chief Financial Officer Conference Call Participants Jeffrey Sprague - Vertical Research Partners Julian Mitchell - Barclays Joe O'Dea - Wells Fargo Securities Timothy Wojs - Baird Brett Linzey - Mizuho Securities Christopher Snyder - Morgan Stanley Operat ...
Allegion (ALLE) Q4 Earnings and Revenues Beat Estimates
ZACKS· 2025-02-18 13:10
Allegion (ALLE) came out with quarterly earnings of $1.86 per share, beating the Zacks Consensus Estimate of $1.74 per share. This compares to earnings of $1.68 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 6.90%. A quarter ago, it was expected that this security device maker would post earnings of $1.93 per share when it actually produced earnings of $2.16, delivering a surprise of 11.92%.Over the last four quarters, the co ...
Allegion(ALLE) - 2024 Q4 - Earnings Call Presentation
2025-02-18 12:52
Q4-2024 Earnings Call February 18, 2025 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 FY- 2025 Outlook, FY-2025 EPS Outlook Details 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 company's ...
Allegion(ALLE) - 2024 Q4 - Annual Report
2025-02-18 11:07
Revenue Sources and Market Exposure - Approximately 24% of the company's 2024 net revenues were derived from outside the U.S.[82] - The company is exposed to market risks, including currency exchange rate fluctuations, which may adversely affect financial results[82]. Financial Position and Debt - The net carrying value of goodwill and other indefinite-lived intangible assets totaled approximately $1.5 billion and $101 million, respectively, as of December 31, 2024[84]. - The company had approximately $2 billion of outstanding indebtedness at December 31, 2024, with a senior unsecured revolving credit facility permitting borrowings of up to $750 million[88]. - The combined outstanding variable rate balance of the Credit Facilities was $212.5 million at December 31, 2024, exposing the company to variable interest rate risk[89]. Strategic Initiatives and Competition - The company must develop and commercialize new products and services to meet evolving customer needs and remain competitive[93]. - The company is focused on making acquisitions to strengthen its industry position and expand into adjacent markets, but future acquisitions may not achieve anticipated benefits[99]. - The company competes in a market with significant competition, including from private label brands and technological developments[91]. - The company must navigate shifting consumer preferences, particularly towards e-commerce, to maintain expected future revenues[96]. Operational Risks and Challenges - The company faces risks associated with potential impairment charges on investments in start-up companies and development-stage technology[102]. - Restructuring initiatives may lead to increased costs and reduced productivity, impacting the company's ability to achieve growth or cost savings[105]. - Global climate change and unexpected events could disrupt operations, affecting the availability and cost of materials, and leading to increased operating costs[106]. - Compliance with evolving climate change regulations may result in increased costs for energy, production, and raw materials, adversely impacting operations[107]. - Global health crises could restrict business operations and affect financial performance, with uncertain impacts on future developments[108]. - Labor shortages and increased turnover rates have led to higher operational costs and could negatively affect production efficiency[118]. - Disruptions in the global supply chain, including reliance on sole suppliers, may impair the company's ability to meet customer demands and impact financial performance[120]. IT and Cybersecurity Risks - The company relies heavily on IT systems for operations, and any failures or disruptions could impair business management and operations[109]. - Third-party service providers are critical to the company's IT infrastructure, and their failures could increase cybersecurity risks and operational costs[110]. Legal and Regulatory Risks - The company is currently involved in legal proceedings that could adversely affect its business and financial condition[125]. - The company faces risks related to intellectual property infringement claims, which could disrupt its operations and require costly litigation[126]. - Regulatory compliance costs are significant, and changes in laws could necessitate increased expenditures or the development of new products[128]. - The company has received notifications from governmental agencies regarding hazardous substance cleanup, which may lead to substantial liabilities[129]. - The company operates under a complex tax structure, with potential disagreements from tax authorities that could result in significant tax liabilities[130]. - Changes in tax laws and regulations could adversely affect the company's effective tax rate and cash obligations[132]. - The implementation of global tax reforms, including a minimum effective corporate tax rate of 15%, could materially impact the company's financial results[133]. - The company may be subject to Irish dividend withholding tax, which could discourage investment in its stock[141]. Shareholder and Acquisition Risks - Provisions in the company's Memorandum and Articles of Association could delay or prevent acquisitions, potentially affecting share price[144]. - Irish law imposes certain restrictions on shareholder actions that could hinder acquisition attempts[145].
Allegion(ALLE) - 2024 Q4 - Annual Results
2025-02-18 11:05
Allegion (NYSE: ALLE) Reports Q4, Full-Year 2024 Financial Results, Introduces 2025 Outlook Results showcase solid execution, margin expansion and balanced capital deployment Quarterly Financial Highlights (All comparisons against the fourth quarter of 2023, unless otherwise noted) Full-Year Financial Highlights (All comparisons against the full year of 2023, unless otherwise noted) 2025 Full-Year Outlook Highlights DUBLIN (Feb. 18, 2025) – Allegion plc (NYSE: ALLE), a leading global security products and s ...
Allegion: Right Business Model At The Right Time
Seeking Alpha· 2025-02-17 14:00
Founder of Dividend Mantra. Founder of Mr. Free At 33. Co-Founder of Dividends & Income. I started blogging about my journey to financial independence back in 2011. By living well below my means and intelligently investing my hard-earned capital, I went from below broke at age 27 to financially free at 33 years old. I regularly create content on dividend growth investing, living off of dividends, undervalued high-quality dividend growth stocks, high-yield situations, and other long-term investment opportuni ...