Allegion plc’s (ALLE) third-quarter 2024 adjusted earnings of $2.16 per share beat the Zacks Consensus Estimate of $1.93. The bottom line increased 11.3% year over year.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.ALLE’s Revenue DetailsAllegion’s revenues were $967.1 million, which increased 5.4% year over year. Organic revenues increased 3.3%, driven by price realization and volume growth. Revenues beat the Zacks Consensus Estimate of $956 million.Acquired assets boosted revenue ...

Core Viewpoint - Allegion plc held its Third Quarter 2024 Earnings Conference Call on October 24, 2024, to discuss financial results and future outlook [1]. Group 1: Company Overview - The call featured key participants including John Stone, President and CEO, and Mike Wagnes, SVP and CFO, alongside Josh Pokrzywinski, VP of Investor Relations [2]. - The earnings release and presentation materials were made available on the company's investor relations website [2]. Group 2: Financial Reporting - The call included forward-looking statements made under the Safe Harbor provisions of Federal Securities Law, with a note that actual results may differ from projections [3]. - The presentation included non-GAAP financial measures, with a reference to the reconciliation in the financial tables of the press release for further details [3].

Allegion plc (NYSE:ALLE) Q3 2024 Earnings Conference Call October 24, 2024 8:00 AM ET Company Participants Josh Pokrzywinski - VP, IR John Stone - President and CEO Mike Wagnes - SVP and CFO Conference Call Participants Vivek Srivastava - Goldman Sachs Julian Mitchell - Barclays Joe O'Dea - Wells Fargo Robert Schultz - Baird Operator Good morning and welcome to the Allegion Third Quarter 2024 Earnings Call. All participants will be in listen-only mode. [Operator Instructions]. After today's presentation, th ...

Allegion (ALLE) came out with quarterly earnings of $2.16 per share, beating the Zacks Consensus Estimate of $1.93 per share. This compares to earnings of $1.94 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 11.92%. A quarter ago, it was expected that this security device maker would post earnings of $1.77 per share when it actually produced earnings of $1.96, delivering a surprise of 10.73%.Over the last four quarters, the c ...

Allegion (NYSE: ALLE) Reports Q3-2024 Financial Results Revenue growth and margin expansion mark strong third-quarter performance Quarterly Financial Highlights (All comparisons against the third quarter of 2023, unless otherwise noted) ▪ Net earnings per share (EPS) of $1.99, up 12.4% compared with $1.77; Adjusted EPS of $2.16, up 11.3% compared with $1.94 ▪ Revenues of $967.1 million, up 5.4% on a reported basis and up 3.3% on an organic basis ▪ Operating margin of 22.2%, compared with 21.0%; Adjusted ope ...

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 September 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 _______________________________ logoallea10.j ...

Allegion plc (ALLE) is scheduled to release third-quarter 2024 results on Oct. 24, before market open.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The Zacks Consensus Estimate for earnings has remained steady in the past 30 days. The company has an impressive earnings surprise history, having surpassed the consensus estimate in each of the preceding four quarters, the average surprise being 10.3%.The consensus estimate for revenues is pegged at $956 million, indicating growth of ...

Have you been paying attention to shares of Allegion (ALLE) ? Shares have been on the move with the stock up 6.8% over the past month. The stock hit a new 52-week high of $147.12 in the previous session. Allegion has gained 14.7% since the start of the year compared to the 12.1% move for the Zacks Industrial Products sector and the 26% return for the Zacks Security and Safety Services industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it hasn't m ...

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Allegion plc (ALLE) stands to benefit from strength across its businesses, focus on operational excellence and accretive acquisitions. The company remains focused on investing in growth opportunities and strengthening its long-term market position.ALLE, which has a market capitalization of $12.7 billion, currently carries a Zacks Rank #2 (Buy). Let’s delve into the factors that have been aiding the firm for a while now.Business Strength: Allegion is benefiting from strong momentum across its segments. Stabl ...