Allegion plc (ALLE) Tops Q4 EPS by 31c, Revenues Beat; Offers FY21 EPS Mid-Point Guidance Above Consensus
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Allegion Reports Fourth-Quarter, Full-Year 2020 Financial Results, Provides 2021 Outlook
February 16, 2021 5:30 AM ESTFourth-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 $1.28 Fourth-quarter 2020 revenues of $727.3 million, up 1.1 percent compared to 2019 and down 0.6 percent on an organic basis Full-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 $4.89 Full-year 2020 revenue of $2.72 billion, down 4.7 percent compared with 2019 and down 4.8 percent on an organic basis Full-year 2020 available cash flow was up $20.6 million to $443.2 million Full-year 2021 reported revenue is estimated to be... More
