Allegion PLC (ALLE) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, ALLE's 50-day simple moving average crossed above its 200-day simple moving average, known as a "golden cross."A golden cross is a technical chart pattern that can signify a potential bullish breakout. It's formed from a crossover involving a security's short-term moving average breaking above a longer-term moving average, with the most common moving averages being t ...

Allegion plc (ALLE) is well-poised for growth, courtesy of strength across its businesses and accretive acquisitions. Handsome rewards to shareholders add to the stock’s appeal.Headquartered in Dublin, Ireland, Allegion is a leading global provider of security products and solutions for business and domestic purposes. ALLE offers an extensive portfolio of mechanical and electronic security products, including doors and door systems, electronic security products, biometric and mobile access control systems, ...

The Industrial Products group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Allegion (ALLE) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Industrial Products peers, we might be able to answer that question.Allegion is one of 218 individual stocks in the Industrial Products sector. Collectively, these companies sit at #9 in the Zacks Sector Rank. The Zacks Sector Rank gauge ...

Have you been paying attention to shares of Allegion (ALLE) ? Shares have been on the move with the stock up 15.8% over the past month. The stock hit a new 52-week high of $137.52 in the previous session. Allegion has gained 8% since the start of the year compared to the 8.7% move for the Zacks Industrial Products sector and the 14.4% return for the Zacks Security and Safety Services industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed o ...

Allegion plc (NYSE:ALLE) Q2 2024 Earnings Conference Call July 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 Tim Wojs - Baird Joe Ritchie - Goldman Sachs Joe O'Dea - Wells Fargo Julian Mitchell - Barclays Brett Linzey - Mizuho David MacGregor - Longbow Research Operator Good morning, and welcome to the Allegion Second Quarter 2024 Earnings Call. All participants will be in listen-only mode. [Operator ...

July 24, 2024 PIONEERING SAFETY" Q2-2024 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 Key Business Drivers, FY-2024 Outlook 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 com ...

Allegion plc’s (ALLE) second-quarter 2024 adjusted earnings of $1.96 per share beat the Zacks Consensus Estimate of $1.77. The bottom line increased 11.4% year over year.Revenue DetailsAllegion’s revenues were $965.6 million, which increased 5.8% year over year. Organic revenues increased 5.2% driven by price realization and volume growth. The company’s revenues beat the Zacks Consensus Estimate of $944 million.Acquired assets boosted revenues by 0.9%. Forex woes left a negative impact of 0.3% on revenues.A ...

Allegion (ALLE) came out with quarterly earnings of $1.96 per share, beating the Zacks Consensus Estimate of $1.77 per share. This compares to earnings of $1.76 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 10.73%. A quarter ago, it was expected that this security device maker would post earnings of $1.41 per share when it actually produced earnings of $1.55, delivering a surprise of 9.93%.Over the last four quarters, the co ...

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 June 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 _______________________________ ALLEGION PUBLIC LI ...

Allegion (NYSE: ALLE) Reports Q2-2024 Financial Results Strong execution drives second-quarter performance; Company raises full-year outlook Quarterly Financial Highlights (All comparisons against the second quarter of 2023, unless otherwise noted) • Net earnings per share (EPS) of $1.77, up 9.9% compared with $1.61; Adjusted EPS of $1.96, up 11.4% compared with $1.76 • Revenues of $965.6 million, up 5.8% on a reported basis and up 5.2% on an organic basis • Operating margin of 21.6%, compared with 20.2%; A ...