Allegion plc (ALLE) Tops Q1 EPS by 1c, Slight Beat on Revenues; Affirms FY19 EPS Outlook
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Allegion Reports First-Quarter 2019 Financial Results
April 25, 2019 5:30 AM EDTFirst-quarter 2019 net earnings per share (EPS) of $0.84, compared with 2018 EPS of $0.75; Adjusted 2019 EPS of $0.88, up 10 percent compared with 2018 adjusted EPS of $0.80 First-quarter 2019 revenues of $655 million, up 6.8 percent compared to 2018, up 5.8 percent on an organic basis First-quarter 2019 operating margin of 16.5 percent, compared with 2018 operating margin of 16.1 percent; Adjusted operating margin of 17.1 percent, increased 10 basis points compared with 2018 adjusted operating margin of 17 percent Affirming outlook for 2019 full-year revenue and full-year EPS; Full-year 2019 reported and organic revenue growth of 5 to 6 percent; Full-year 2019 EPS outlook of $4.60 to... More
