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Allegion (ALLE) Beats on Q2 Earnings & Revenue Estimates
July 27, 2017

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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 has moved north by 1 cent, over the past 60 days. The company has posted positive earnings surprise in only two of the past four quarters, with an average positive surprise of 2.01%.

Currently, ALLE has a Zacks Rank #2 (Buy), 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 surpassed on earnings. The Zacks Consensus estimate called for EPS of $1.00/share, and the company reported adjusted EPS of $1.11 instead.

Allegion PLC Price and EPS Surprise

Revenues: ALLE reported revenues of $627 million. This surpassed the consensus estimate of $613.4 million.

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

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