Allegion Stock News

Allegion PLC (NYSE: ALLE ) reported a fourth-quarter FY21 revenue decline of 2.5% year-over-year to $709.2 million, -1.4% on an organic basis, beating the consensus of $680.39 million. The Allegion Americas segment revenues decreased 4.2% Y/Y to $499.5 million, and the Allegion International segment revenues increased 1.7% Y/Y to $209.7 million. Adjusted EPS decreased to $1.11 compared to $1.49 in 4Q20, beating the consensus of $1.02. The gross margin contracted by 360 bps to 40.4%. The operating income decreased by 2.2% Y/Y to $115.1 million, and the margin was flat at 16.2%. Adjusted operating margin declined … Full story available on Benzinga.com

Allegion's (ALLE) Q4 earnings reflect the impacts of supply-chain restrictions, shortages of components, high costs and expenses, and effective pricing. It predicts y/y growth in 2022 earnings.

Allegion's (ALLE) Q4 earnings reflect the impacts of supply-chain restrictions, shortages of components, high costs and expenses, and effective pricing. It predicts y/y growth in 2022 earnings.

Allegion (ALLE) delivered earnings and revenue surprises of 11% and 4.85%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Allegion plc's (ALLE) CEO Dave Petratis on Q4 2021 Results - Earnings Call Transcript

Allegion (NYSE: ALLE ) reported its Q4 earnings results on Tuesday, February 15, 2022 at 05:30 AM. Here''s what investors need to know about the announcement. Earnings Allegion beat estimated earnings by 8.82%, reporting an EPS of $1.11 versus an … Full story available on Benzinga.com

Shares of Allegion PLC were indicated up more than 8% in premarket trading Tuesday, after the security products and locks company reported fourth-quarter profit and revenue that beat expectations, as continued strong end-market demand helped offset supply-chain challenges. Net income rose to $112.7 million, or $1.26 a share, from $93.3 million, or $1.01 a share, in the year-ago period. Excluding nonrecurring items, adjusted earnings per share of $1.11 beat the FactSet consensus of $1.02. Revenue fell 2.5% to $709.2 million but was above the FactSet consensus of $679.5 million. Cost of sales grew 3.8% to $422.7 million, to knock gross profit as a percentage of revenue down to 40.4% from 44.0%. "We expect sequential improvements in revenue growth, EPS and operating margin performance throughout 2022 as we drive aggressive pricing and work to reduce elevated lead times," said Chief Executive David Petratis. For 2022, the company expects adjusted EPS of $5.55 to $5.75, compared with the FactSet consensus of $5.73, and revenue growth of 6.0% to 7.5%, while the FactSet revenue consensus of $3.05 billion implies 6.5% growth.

Allegion (ALLE) appointed Michael Wagnes, as senior vice president and CFO, effective March 1.Wagnes succeeds Patrick Shannon, who plans to retire by Sept

Allegion press release (ALLE): Q4 Non-GAAP EPS of $1.11 beats by $0.10.Revenue of $709.3M (-2.5% Y/Y) beats by $30.84M.FY2022 reported revenue growth is estimated to be 6% to 7.5% vs

DUBLIN--(BUSINESS WIRE)--Allegion plc (NYSE: ALLE), a leading global provider of security products and solutions, today reported fourth-quarter 2021 net revenues of $709.2 million and net earnings of $112.7 million, or $1.26 per share. Excluding charges related to restructuring, acquisition and integration, debt refinancing and a non-cash investment gain, adjusted net earnings were $99.7 million, or $1.11 per share, down 25.5 percent when compared with fourth-quarter 2020 adjusted EPS of $1.49.

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Allegion (ALLE) delivered earnings and revenue surprises of 11% and 4.85%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Shares of Allegion PLC ALLE, -0.45% were indicated up more than 8% in premarket trading Tuesday, after the security products and locks company reported fourth-quarter profit and revenue that beat expe