These Analysts Increase Their Forecasts On Allegion After Upbeat Results

Allegion plc ALLE reported better-than-expected results for the first quarter on Friday.The company posted quarterly earnings of $1.86 per share which beat the analyst consensus estimate of$1.67 per share. The company reported quarterly sales of $941.90 million which beat the analyst consensus estimate of$919.64 million.Allegion affirmed its FY2025 adjusted EPS guidance of $7.65-$7.85 and affirmed revenue growth guidance of 1% to 3%.“Allegion is off to a strong start in 2025. I’m proud of our team’s execu ...