Allegion Reports Second-Quarter 2019 Financial Results

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Allegion plc (ALLE) Misses Q2 EPS by 6c, Revenue Miss; Narrows FY19 EPS Outlook

July 25, 2019 5:51 AM EDT

Allegion plc (NYSE: ALLE) reported Q2 EPS of $1.26, $0.06 worse than the analyst estimate of $1.32. Revenue for the quarter came in at $731.2 million versus the consensus estimate of $750.63 million.

Second-quarter 2019 net earnings per share (EPS) of $1.16, compared with 2018 EPS of $1.19; Adjusted 2019 EPS of $1.26, up 0.8 percent compared with 2018 adjusted EPS of $1.25Second-quarter 2019 revenues of $731.2 million, up 3.8 percent compared to 2018 and up 3 percent on an organic... More