earnings
confidence high
sentiment positive
materiality 0.75
Allegion Q3 adj EPS $1.64 (+5.1% YoY); revenue $913.7M (+27.4%); raises full-year organic revenue outlook to 9.5-10.5%
Allegion plc
2022-Q3 EPS reported
$3.65
revenue$2,410,400,000
- Q3 adjusted EPS $1.64, up 5.1% YoY; reported EPS $1.30 includes $0.10 loss on Milre divestiture.
- Revenue $913.7M, +27.4% reported, +18.6% organic; Americas segment +42.5% (25.8% organic).
- Full-year organic revenue outlook raised to 9.5-10.5%; adjusted EPS outlook revised to $5.40-$5.50.
- Announced divestiture of Milre Systek in South Korea with $7.6M pre-tax loss.
- Year-to-date available cash flow $225.6M, down $102.1M YoY; total debt $2.227B.