earnings
confidence high
sentiment positive
materiality 0.85
Allegion Q2 revenue $746.9M (+26.7% YoY); raises FY2021 EPS guidance to $5.15-$5.30
Allegion plc
2021-Q2 EPS reported
$2.49
revenue$1,441,200,000
- GAAP EPS $1.31 vs $0.80 YoY; adjusted EPS $1.32 (+43.5%) vs $0.92.
- Americas segment revenue +23.7% (organic +22.9%); International +36% (organic +26.6%).
- Adjusted operating margin 19.6%, up 70 bps YoY.
- FY2021 reported revenue growth outlook raised to 7-7.5%; organic 5.5-6%.
- Available cash flow guidance raised to $490-$510M; YTD available cash flow $249.6M.