We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Ahead of Allegion (ALLE) Q1 Earnings: Get Ready With Wall Street Estimates for Key Metrics
Read MoreHide Full Article
Wall Street analysts expect Allegion (ALLE - Free Report) to post quarterly earnings of $1.68 per share in its upcoming report, which indicates a year-over-year increase of 8.4%. Revenues are expected to be $931.59 million, up 4.2% from the year-ago quarter.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
That said, let's delve into the average estimates of some Allegion metrics that Wall Street analysts commonly model and monitor.
According to the collective judgment of analysts, 'Net Revenues- Allegion International' should come in at $179.76 million. The estimate indicates a year-over-year change of -2.6%.
Analysts forecast 'Net Revenues- Allegion Americas' to reach $751.84 million. The estimate indicates a change of +6% from the prior-year quarter.
Analysts expect 'Adjusted Operating Income- Allegion Americas' to come in at $200.08 million. Compared to the current estimate, the company reported $197.30 million in the same quarter of the previous year.
The consensus among analysts is that 'Adjusted Operating Income- Allegion International' will reach $21.83 million. The estimate compares to the year-ago value of $19.30 million.
Shares of Allegion have experienced a change of -0.6% in the past month compared to the -5.6% move of the Zacks S&P 500 composite. With a Zacks Rank #2 (Buy), ALLE is expected to outperform the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Ahead of Allegion (ALLE) Q1 Earnings: Get Ready With Wall Street Estimates for Key Metrics
Wall Street analysts expect Allegion (ALLE - Free Report) to post quarterly earnings of $1.68 per share in its upcoming report, which indicates a year-over-year increase of 8.4%. Revenues are expected to be $931.59 million, up 4.2% from the year-ago quarter.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
That said, let's delve into the average estimates of some Allegion metrics that Wall Street analysts commonly model and monitor.
According to the collective judgment of analysts, 'Net Revenues- Allegion International' should come in at $179.76 million. The estimate indicates a year-over-year change of -2.6%.
Analysts forecast 'Net Revenues- Allegion Americas' to reach $751.84 million. The estimate indicates a change of +6% from the prior-year quarter.
Analysts expect 'Adjusted Operating Income- Allegion Americas' to come in at $200.08 million. Compared to the current estimate, the company reported $197.30 million in the same quarter of the previous year.
The consensus among analysts is that 'Adjusted Operating Income- Allegion International' will reach $21.83 million. The estimate compares to the year-ago value of $19.30 million.
View all Key Company Metrics for Allegion here>>>
Shares of Allegion have experienced a change of -0.6% in the past month compared to the -5.6% move of the Zacks S&P 500 composite. With a Zacks Rank #2 (Buy), ALLE is expected to outperform the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>