Allegion (ALLE) Q4 Earnings and Revenues Beat Estimates

Company Performance - Allegion reported quarterly earnings of $1.86 per share, exceeding the Zacks Consensus Estimate of $1.74 per share, and up from $1.68 per share a year ago, representing an earnings surprise of 6.90% [1] - The company posted revenues of $945.6 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 0.68% and increasing from $897.4 million year-over-year [2] - Over the last four quarters, Allegion has surpassed consensus EPS estimates four times and topped consensus revenue estimates three times [2] Stock Outlook - Allegion shares have increased approximately 2.1% since the beginning of the year, compared to a 4% gain in the S&P 500 [3] - The company's earnings outlook is mixed, with a current Zacks Rank of 3 (Hold), indicating expected performance in line with the market in the near future [6] - The current consensus EPS estimate for the upcoming quarter is $1.64 on revenues of $920.18 million, and for the current fiscal year, it is $7.62 on revenues of $3.86 billion [7] Industry Context - The Security and Safety Services industry, to which Allegion belongs, is currently ranked in the bottom 46% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Allegion's stock performance [5]