Allegion Reports Third-Quarter 2019 Financial Results: Delivers Its Highest Quarterly Revenue, Operating Margin, Earnings Per Share

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Go back to Allegion Reports Third-Quarter 2019 Financial Results: Delivers Its Highest Quarterly Revenue, Operating Margin, Earnings Per Share

Allegion plc (ALLE) Tops Q3 EPS by 15c, Revenues Beat; Narrows FY19 EPS Guidance

October 24, 2019 5:51 AM EDT

Allegion plc (NYSE: ALLE) reported Q3 EPS of $1.47, $0.15 better than the analyst estimate of $1.32. Revenue for the quarter came in at $748.3 million versus the consensus estimate of $738.56 million.

Third-quarter 2019 net earnings per share (EPS) of $1.40, compared with 2018 EPS of $1.21; Adjusted 2019 EPS of $1.47, up 19.5 percent compared with 2018 adjusted EPS of $1.23Third-quarter 2019 revenues of $748.3 million, up 5.2 percent compared to 2018 and up 6.4 percent on an organic basisThird-quarter 2019 operating margin of 22.5 percent, compared with 2018 operating margin of 20 percent; Adjusted operating margin of 23.1 percent, increased 220 basis points... More