Allegion(ALLE)

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Allegion(ALLE) - 2024 Q2 - Quarterly Report
2024-07-24 10:01
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________ FORM 10-Q _______________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-35971 _______________________________ ALLEGION PUBLIC LI ...
Allegion(ALLE) - 2024 Q2 - Quarterly Results
2024-07-24 10:01
Allegion (NYSE: ALLE) Reports Q2-2024 Financial Results Strong execution drives second-quarter performance; Company raises full-year outlook Quarterly Financial Highlights (All comparisons against the second quarter of 2023, unless otherwise noted) • Net earnings per share (EPS) of $1.77, up 9.9% compared with $1.61; Adjusted EPS of $1.96, up 11.4% compared with $1.76 • Revenues of $965.6 million, up 5.8% on a reported basis and up 5.2% on an organic basis • Operating margin of 21.6%, compared with 20.2%; A ...
Allegion (ALLE) to Report Q2 Earnings: What's in the Offing?
ZACKS· 2024-07-19 16:00
Allegion plc (ALLE) is scheduled to release second-quarter 2024 results on Jul 24, before market open.The Zacks Consensus Estimate for second-quarter earnings has remained steady in the past 30 days. The company has an impressive earnings surprise history, having outperformed the consensus estimate in each of the preceding four quarters, the average beat being 8.6%.The consensus estimate for revenues is pegged at $944.3 million, indicating growth of 3.5% from the year-ago quarter’s reported figure. The cons ...
Allegion (ALLE) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
ZACKS· 2024-07-17 15:07
The market expects Allegion (ALLE) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on J ...
These 3 Stocks Are Down in 2024, but Look Set for a Spectacular Recovery in the Second Half
The Motley Fool· 2024-06-29 22:32
Value investors should consider these stocks because they have significant upside potential for the rest of 2024.Shares in UPS (UPS 0.75%), aerospace materials company Hexcel (HXL -1.84%), and security doors and locks company Allegion (ALLE 1.57%) have all experienced a significant dip so far in 2024, lagging behind the S&P 500 index's 14.6% gain over the same period. However, compelling evidence suggests that all three are positioned to outperform the market in the second half and beyond. Here's why.The in ...
Here's Why Investors Should Bet on Allegion (ALLE) Stock Now
ZACKS· 2024-06-28 17:20
Allegion plc (ALLE) is benefiting from strength in the Allegion International segment, acquired assets and shareholder-friendly moves.Let us delve into the factors that make this Zacks Rank #2 (Buy) company a smart investment choice at the moment.Growth CatalystsBusiness Strength: Allegion is poised to gain from strong momentum in the Allegion International segment. An increase in demand for electronic security products, driven by growing awareness about the security and safety of people and infrastructure, ...
Old Dominion University Launches Mobile Credentials with CBORD and Allegion
Newsfilter· 2024-06-28 11:30
NORFOLK, Va., June 28, 2024 (GLOBE NEWSWIRE) -- CBORD, the leading provider of integrated technology solutions for campus ID card systems, access control, foodservice, nutrition and commerce, is excited to announce that Old Dominion University has successfully launched mobile credentials on its campus. This achievement aligns with ODU's mission to serve its students and enrich the community through rigorous academic programs and strategic partnerships. "This state-of-the-art offering marks a significant adv ...
Allegion Introduces the Von Duprin 70 Series Exit Devices, Offering New Level of Quality at Mid-Price Point
Prnewswire· 2024-06-25 13:00
Von Duprin addresses the challenges of modern security with cost effective high-performance exit devices for multifamily, office and retail spaces. CARMEL, Ind., June 25, 2024 /PRNewswire/ -- Allegion US, a leading provider of security solutions, technology and services, is excited to announce the launch of the Von Duprin 70 Series Exit Devices. This new product line combines the quality and trust associated with Von Duprin with a medium price point, making it an ideal choice for a wide range of application ...
3 Smart Stocks to Buy and Hold for the Long Term With $500 Right Now
The Motley Fool· 2024-06-23 22:33
These companies are positioned in highly attractive end markets.Emerson Electric (EMR 0.25%), Carrier Global (CARR -1.80%), and Allegion (ALLE 0.41%) are all smart buys now for two reasons. First, their respective management teams are aggressively restructuring their businesses toward attractive long-term growth markets. Second, if you only invest a relatively small amount, it's a good idea to minimize trading costs by holding stocks for an extended period, and the growth prospects of all three justify hold ...
Zentra Brings Resident Keys in Apple Wallet to Customers
Prnewswire· 2024-06-19 12:00
Resident keys in Apple Wallet offers easy, secure access to multifamily buildings with a simple tap of an iPhone or Apple Watch PHILADELPHIA, Pa., June 19, 2024 /PRNewswire/ -- Zentra, a brand of Allegion®, and leading provider of smart access solutions, has integrated resident keys capability in Apple Wallet for use by customers and their residents. This enables residents to easily and securely add their resident keys to Apple Wallet and unlock their apartment with a simple tap of an iPhone or Apple Watch. ...