Allegion plc (NYSE: ALLE) reported Q1 EPS of $0.80, $0.05 worse than the analyst estimate of $0.85. Revenue for the quarter came in at $613.1 million versus the consensus estimate of $606.52 million.

• First-quarter 2018 net earnings per share (EPS) of $0.75, compared with 2017 EPS of $0.71; Adjusted 2018 EPS of $0.80, up 9.6 percent compared with 2017 adjusted EPS of $0.73
• First-quarter 2018 revenue of $613.1 million, up 11.7 percent compared to 2017, up 3.3 percent on an organic basis
• First-quarter 2018 operating margin of 16.1 percent, compared with 2017 operating margin of 18.1 percent; Adjusted operating margin of 17 percent, declined 150 basis points compared with 2017 adjusted operating margin of 18.5 percent
• Affirming prior outlook for 2018 full-year revenue and full-year EPS; Full-year 2018 reported revenuegrowth of 10.5 to 11.5 percent and organic revenue growth of 4 to 5 percent; Full-year 2018 EPSoutlook of $4.20 to $4.35 and $4.35 to $4.50 per share on an adjusted basis

GUIDANCE:

Allegion plc sees FY2018 EPS of $4.35-$4.50, versus the consensus of $4.48.

For earnings history and earnings-related data on Allegion plc (ALLE) click here.