Allegion plc (ALLE) Tops Q3 EPS by 13c
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Allegion Reports Third-Quarter 2021 Financial Results, Reaffirms Updated Full-Year 2021 Outlook
October 21, 2021 5:30 AM EDTThird-quarter 2021 net earnings per share (EPS) of $1.59, compared with 2020 EPS of $1.58; Third-quarter 2021 adjusted EPS of $1.56, down 6.6 percent compared with 2020 adjusted EPS of $1.67 Third-quarter 2021 revenues of $717 million, down 1.6 percent on both a reported and organic basis Third-quarter 2021 operating margin of 19.3 percent, compared with 2020 operating margin of 22 percent; Adjusted operating margin of 20 percent, down 330 basis points compared with 2020 adjusted operating margin of 23.3 percent Reaffirming updated 2021 full-year revenue growth outlook range of 4 to 4.5 percent on a reported basis and 3 to 3.5 percent organically Reaffirming updated full-year 2021 EPS outlook range of $4.95 to $5.05... More
