Allegion Reports Fourth-quarter, Full-year 2019 Financial Results, Provides 2020 Outlook

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Allegion plc (ALLE) Misses Q4 EPS by 1c, Revenues Miss; Offers FY20 EPS Guidance Below Consensus

February 18, 2020 5:46 AM EST

Allegion plc (NYSE: ALLE) reported Q4 EPS of $1.28, $0.01 worse than the analyst estimate of $1.29. Revenue for the quarter came in at $719.5 million versus the consensus estimate of $733.46 million.

Fourth-quarter 2019 net earnings per share (EPS) of $0.86, compared with 2018 EPS of $1.39; Adjusted 2019 EPS of $1.28, up 4.9 percent compared with 2018 adjusted EPS of $1.22Fourth-quarter 2019 revenues of $719.5 million, up 2.4 percent compared to 2018 and up 3.5 percent on an organic basis

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