earnings
confidence high
sentiment positive
materiality 0.75
Allegion Q3 adjusted EPS $2.16, up 11.3% YoY; revenue $967.1M, raises FY adjusted EPS guidance
Allegion plc
2024-Q3 EPS reported
$5.16
revenue$2,826,600,000
- GAAP EPS $1.99 (up 12.4% YoY); adjusted EPS $2.16 (up 11.3% YoY).
- Revenue $967.1M, up 5.4% reported, 3.3% organic; operating margin 24.2% adj. (up 100 bps).
- Americas revenue +5.6% (+4.1% organic); International +4.4% (+0.2% organic).
- FY 2024 adjusted EPS guidance raised to $7.35-$7.45; revenue growth reaffirmed at 2.5%-3.5%.
- Year-to-date available cash flow $388M; quarterly dividend $0.48/share; $40M share repurchase in Q3.