---
schema_version: "secwatch.filing_event.v1"
accession: "0001579241-23-000021"
form_type: "8-K"
ticker: "ALLE"
cik: "0001579241"
company_name: "Allegion plc"
filed_at: "2023-04-26T23:59:59+00:00"
generated_at: "2026-06-16T12:51:31.908561+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Allegion Q1 EPS $1.40 ($1.58 adj.) beat; raises FY2023 outlook

## Summary
- Revenue $923M, up 27.6% reported (+15% organic); Americas +42%, International -9.7%.
- Adjusted operating margin 20.8%, up 290 bps YoY on price/productivity and non-residential volume.
- Adjusted EPS $1.58 (+39.8% YoY); raised FY2023 adjusted EPS outlook to $6.55-$6.75.
- Full-year organic revenue growth outlook raised to 5.5%-7.5%; available cash flow guidance $480-$500M.
- Access Technologies acquisition contributed $103.1M to Americas revenue; electronics growth >30%.

## SEC filing metadata
- accession: 0001579241-23-000021
- form_type: 8-K
- ticker: ALLE
- cik: 0001579241
- company_name: Allegion plc
- filed_at: 2023-04-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1579241/000157924123000021/0001579241-23-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1579241/000157924123000021/alle-20230426.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001579241-23-000021
- JSON: https://secwatch.observer/filing/0001579241-23-000021.json
- Plain text: https://secwatch.observer/filing/0001579241-23-000021.txt

## Key facts
- Earnings Releases
  Allegion plc reported first-quarter 2023 results: revenue $923.0 million, net income $123.5 million, EPS $1.40. Guidance raised.
  - Period: first-quarter 2023
  - Revenue: $923.0 million
  - Net income: $123.5 million
  - EPS: $1.40
  - Guidance: raised
  - Result: reported results
  source text: ALLEGION REPORTS FIRST-QUARTER 2023 FINANCIAL RESULTS, RAISES FULL-YEAR 2023 OUTLOOK • First-quarter 2023 net earnings per share (EPS) of $1.40, compared with 2022 EPS of $1.05; First-quarter 2023 adjusted EPS of $1.58, up 39.8% compared with 2022 adjusted EPS of $1.13 • First-quarter 2023 revenues of $923.0 million, up 27.6% on a reported basis and up 15.0% on an organic basis • First-quarter 2023 operating margin of 18.5%, compared with 2022 operating margin of 16.2%; Adjusted operating margin of 20.8% up 290 basis points compared with 2022 adjusted operating margin of 17.9% • Raising full-year 2023 reported revenue growth outlook to 11.5% to 13.5% and full-year 2023 organic revenue growth outlook to a range of 5.5% to 7.5% • Raising full-year 2023 EPS outlook to a range of $5.95 to $6.15 and adjusted EPS outlook to a range of $6.55 to $6.75 (+9.3% to +12.7% vs. prior year)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1579241/000157924123000021/0001579241-23-000021-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.