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 8.7%.
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 first quarter EPS of 80 cents missed the Zacks Consensus Estimate of 84 cents per share.
Revenues: ALLE reported revenues of $613.1 million. This surpassed the consensus estimate of $606.9 million
Key Stats to Note: Revenues increased 3.3% on an organic basis, lower than 6.1% in the previous quarter.
Allegion PLC Price and EPS Surprise
Check back later for our full write up on this ALLE earnings report later.
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From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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 8.7%.
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 first quarter EPS of 80 cents missed the Zacks Consensus Estimate of 84 cents per share.
Revenues: ALLE reported revenues of $613.1 million. This surpassed the consensus estimate of $606.9 million
Key Stats to Note: Revenues increased 3.3% on an organic basis, lower than 6.1% in the previous quarter.
Allegion PLC Price and EPS Surprise
Check back later for our full write up on this ALLE earnings report later.
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
Click here for the 6 trades >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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