Allegion plc (ALLE) Misses Q3 EPS by 2c; Guides FY16 In-Line
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Allegion Reports Third-Quarter 2016 Financial Results
October 27, 2016 6:16 AM EDTThird-quarter 2016 net earnings per diluted share (EPS) from continuing operations of $0.02 inclusive of impairment charge of ($0.87), compared with 2015 EPS loss of ($0.28) inclusive of loss on divestiture charges of ($1.14); Adjusted 2016 EPS of $0.93, up slightly compared with adjusted 2015 EPS of $0.92 Third-quarter 2016 revenue of $581.1 million, up 6.7 percent compared to 2015, up 5 percent on an organic basis Third-quarter 2016 operating margin of 20.9 percent, compared with 2015 operating margin of 20.3 percent; Adjusted operating margin of 21.8 percent, improved 30 basis points compared with 2015 adjusted operating margin of 21.5 percent Reaffirming 2016 full-year... More
