Why Is Allegion (ALLE) Up 1.6% Since Last Earnings Report?

Core Viewpoint - Allegion's shares have increased by approximately 1.6% since the last earnings report, outperforming the S&P 500, raising questions about the sustainability of this positive trend leading up to the next earnings release [1] Estimates Movement - Estimates for Allegion have trended upward over the past month, indicating a positive outlook for the company [2] VGM Scores - Allegion has a Growth Score of B, a Momentum Score of D, and a Value Score of C, resulting in an aggregate VGM Score of B, which is favorable for investors not focused on a single strategy [3] Outlook - The upward trend in estimates and the magnitude of revisions suggest a promising outlook for Allegion, supported by a Zacks Rank of 2 (Buy), indicating expectations for above-average returns in the coming months [4]