Allegion plc (ALLE) Tops Q2 EPS by 4c; Offers FY22 EPS Guidance

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Allegion Reports Second-Quarter 2022 Financial Results, Revises Full-Year 2022 Outlook

July 28, 2022 5:30 AM EDT

Second-quarter 2022 net earnings per share (EPS) of $1.30, compared with 2021 EPS of $1.31; Second-quarter 2022 adjusted EPS of $1.37, up 3.8 percent compared with 2021 adjusted EPS of $1.32 Second-quarter 2022 revenues of $773.1 million, up 3.5 percent on a reported basis and up 6.4 percent on an organic basis Second-quarter 2022 operating margin of 19 percent, compared with 2021 operating margin of 19.5 percent; Adjusted operating margin of 20 percent, up 40 basis points compared with 2021 adjusted operating margin of 19.6 percent Revising 2022 full-year revenue growth outlook to a range of 13 to 14 percent on a reported basis and 9 to 10... More