Allegion plc (ALLE Quick QuoteALLE - 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 has been stable for the last 60 days. The company has posted positive earnings surprise in only one of the past four quarters, with an average negative surprise of 0.62%.

Currently, ALLE has a Zacks Rank #2 (Buy), but that could definitely change following Allegion’ 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 surpassed on earnings. Our consensus earnings estimate called for EPS of 69 cents/share, and the company reported adjusted EPS of 73 cents instead.

Allegion PLC Price and EPS Surprise

 

Allegion PLC Price and EPS Surprise | Allegion PLC Quote

Revenues: ALLE reported revenues of $548.8 million. This surpassed our consensus estimate of $536.9 million.

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

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