CLSA Upgrades Allegion (ALLE) to Buy
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Allegion Reports Fourth-Quarter, Full-Year 2015 Financial Results, Provides 2016 Outlook
February 11, 2016 6:15 AM ESTFourth-quarter 2015 earnings per share from continuing operations (EPS) of $0.74, compared with 2014 EPS of $0.37; 2015 adjusted EPS of $0.89, up 17.1 percent compared with 2014 adjusted EPS of $0.76 Fourth-quarter 2015 revenue of $545.4 million, down 4.9 percent compared to 2014, up 4.8 percent on an organic basis Fourth-quarter 2015 operating margin of 14.9 percent, compared with 2014 operating margin of 11 percent; 2015 adjusted operating margin of 19 percent, improved 40 basis points compared with 2014 adjusted operating margin of 18.6 percent Full-year 2015 EPS of $1.59, compared with 2014 EPS of $1.92; 2015 adjusted EPS of $3.03, up 21.7 percent compared with 2014 adjusted EPS of $2.49... More
