Allegion Reports Fourth-Quarter, Full-Year 2020 Financial Results, Provides 2021 Outlook

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Allegion plc (ALLE) Tops Q4 EPS by 31c, Revenues Beat; Offers FY21 EPS Mid-Point Guidance Above Consensus

February 16, 2021 5:47 AM EST

Allegion plc (NYSE: ALLE) reported Q4 EPS of $1.49, $0.31 better than the analyst estimate of $1.18. Revenue for the quarter came in at $727.3 million versus the consensus estimate of $687.82 million.

Fourth-quarter 2020 net earnings per share (EPS) of $1.01, compared with 2019 EPS of $0.86; Fourth-quarter 2020 adjusted EPS of $1.49, up 16.4 percent compared with 2019 adjusted EPS of $1.28Fourth-quarter 2020 revenues of $727.3 million, up 1.1 percent compared to 2019 and down 0.6 percent on an organic basisFull-year 2020 EPS of $3.39, compared with 2019 EPS of $4.26; Full-year 2020 adjusted EPS of $5.11, up 4.5 percent compared with 2019 adjusted EPS of $4.89Full-year 2020 revenue of $2.72 billion, down 4.7 percent compared with... More