Allegion plc (ALLE) Tops Q2 EPS by 9c
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Allegion Reports Second-Quarter 2016 Financial Results
July 28, 2016 6:15 AM EDTSecond-quarter 2016 net earnings per diluted share (EPS) from continuing operations of $0.98, compared with 2015 EPS of $0.66; adjusted 2016 EPS of $0.99, up 39.4 percent compared with adjusted 2015 EPS of $0.71 Second-quarter 2016 revenue of $584.9 million, up 12.6 percent compared to 2015, up 8.9 percent on an organic basis Second-quarter 2016 operating margin of 21.3 percent, compared with 2015 operating margin of 18.4 percent; adjusted operating margin of 21.5 percent, improved 200 basis points compared with 2015 adjusted operating margin of 19.5 percent Improving 2016 full-year revenue guidance and updated EPS outlook; Full-year 2016 reported revenue growth up 8 to 9... More
