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

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

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

February 18, 2020 5:30 AM EST

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 $1.22 Fourth-quarter 2019 revenues of $719.5 million, up 2.4 percent compared to 2018 and up 3.5 percent on an organic basis Full-year 2019 EPS of $4.26, compared with 2018 EPS of $4.54; 2019 adjusted EPS of $4.89, up 8.7 percent compared with 2018 adjusted EPS of $4.50 Full-year 2019 revenue of $2.85 billion, up 4.5 percent compared with 2018 and up 4.6 percent on an organic basis Full-year 2019 available cash flow was up $13.9 million to $422.6... More