Allegion's Q3 Earnings Surpass Estimates, Revenues Increase Y/Y

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 ...