Allegion Reports Second-Quarter 2018 Financial Results

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Go back to Allegion Reports Second-Quarter 2018 Financial Results

Allegion plc (ALLE) Tops Q2 EPS by 6c, Revenues Beat; Offers Updated FY18 EPS Outlook

July 26, 2018 5:44 AM EDT

Allegion plc (NYSE: ALLE) reported Q2 EPS of $1.25, $0.06 better than the analyst estimate of $1.19. Revenue for the quarter came in at $704.7 million versus the consensus estimate of $697.84 million.

Second-quarter 2018 net earnings per share (EPS) of $1.19, compared with 2017 EPS of $1.10; Adjusted 2018 EPS of $1.25, up 12.6 percent compared with 2017 adjusted EPS of $1.11Second-quarter 2018 revenue of $704.7 million, up 12.4 percent compared to 2017, up 5.2 percent on an organic basisSecond-quarter 2018 operating margin of 20.3 percent, compared with 2017 operating margin of 21.5 percent; Adjusted operating margin of 21.3 percent, declined 50 basis points compared with 2017 adjusted operating margin of 21.8 percent due to dilution... More