Allegion plc (ALLE) Tops Q2 EPS by 6c, Revenues Beat; Offers Updated FY18 EPS Outlook
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Allegion Reports Second-Quarter 2018 Financial Results
July 26, 2018 5:30 AM EDTSecond-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 $1.11 Second-quarter 2018 revenue of $704.7 million, up 12.4 percent compared to 2017, up 5.2 percent on an organic basis Second-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 from acquisitions Updating outlook for 2018 full-year revenue and full-year EPS; Full-year 2018 reported revenue growth of 12.5 to 13.5... More
