secwatch.observer — SEC 8-K summary
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Issuer:     Allegion plc (ALLE)
CIK:        0001579241
Form:       8-K
Filed at:   2023-04-26T23:59:59+00:00
Accession:  0001579241-23-000021
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1579241/000157924123000021/0001579241-23-000021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1579241/000157924123000021/alle-20230426.htm
  HTML page:      https://secwatch.observer/filing/0001579241-23-000021

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