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Allegion's (ALLE) Q4 Earnings & Revenues Beat Estimates

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Allegion plc (ALLE - Free Report) is a leading global provider of security products and solutions for business and domestic purposes. The company offers an extensive portfolio of mechanical and electronic security products and boasts a diverse range of market-leading brands, including CISA, Interflex, aptiQ, LCN, Schlage and Von Duprin.

Investors should note that earnings estimate movement for ALLE for the current-year has remained stable over the past 60 days. However, the company has posted positive earnings surprise in three of the past four quarters, with an average positive surprise of 2.48%.

Currently, ALLE has a Zacks Rank #3 (Hold), but that could definitely change following Allegion’s earnings report which was just released. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

We have highlighted some of the key stats from this just-revealed announcement below:

Earnings: ALLE’s adjusted fourth quarter EPS of $1.11 surpassed the Zacks Consensus Estimate of 94 cents/share.

Revenues: ALLE reported revenues of $623 million. This also surpassed the consensus estimate of $609.7 million

Key Stats to Note: Revenues increased 6.1% on an organic basis, higher than 2.7% in the previous quarter.

Check back later for our full write up on this ALLE earnings report later.

Allegion PLC Price and EPS Surprise

 

Allegion PLC Price and EPS Surprise | Allegion PLC Quote

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