secwatch.observer — SEC 8-K summary
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Issuer:     Allegion plc (ALLE)
CIK:        0001579241
Form:       8-K
Filed at:   2024-02-20T23:59:59+00:00
Accession:  0001579241-24-000004
Event type: earnings
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Allegion Q4 adj EPS $1.68 (-0.6% YoY); revenue $897.4M (+4.2%); 2024 adj EPS guidance $7.00-$7.15
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- Q4 GAAP EPS $1.34 (-12.4%), adjusted EPS $1.68 (-0.6%); revenue $897.4M (+4.2% reported, +2.6% organic).
- Full-year 2023: revenue $3,650.8M (+11.6% reported, +5.2% organic); adjusted EPS $6.96 (+16.2%); available cash flow $516.4M.
- 2024 guidance: reported revenue growth 1.5%-3.5%, organic 1%-3%; adjusted EPS $7.00-$7.15; available cash flow $540-$570M.
- Quarterly dividend raised 7% to $0.48/share, payable March 29, 2024 to holders of record March 15, 2024.
- Americas Q4 organic revenue +3.7%; International -1.3%; global electronics & software organic growth ~20% in 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1579241/000157924124000004/0001579241-24-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1579241/000157924124000004/alle-20240220.htm
  HTML page:      https://secwatch.observer/filing/0001579241-24-000004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer