Allegion (ALLE) Beats Q2 Earnings and Revenue Estimates

Allegion (ALLE) came out with quarterly earnings of $1.96 per share, beating the Zacks Consensus Estimate of$ 1.77 per share. This compares to earnings of $1.76 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 10.73%. A quarter ago, it was expected that this security device maker would post earnings of$ 1.41 per share when it actually produced earnings of $1.55, delivering a surprise of 9.93%.Over the last four quarters, the co ...