Allegion: Q2 Earnings Insights

 

Shares of Allegion ALLE were unchanged after the company reported Q2 results.

Quarterly Results

Earnings per share were up 43.48% over the past year to $1.32, which beat the estimate of $1.29.

Revenue of $746,900,000 up by 26.70% year over year, which beat the estimate of $708,470,000.

Guidance

The upcoming fiscal year's EPS expected to be between $5.25 and $5.40.

The upcoming fiscal year's revenue expected to be between $2,910,000,000 and $2,924,000,000.

Details Of The Call

Date: Jul 22, 2021

Time: 08:00 AM

ET Webcast URL: https://78449.choruscall.com/dataconf/productusers/alle/mediaframe/45393/indexr.html

Technicals

52-week high: $144.76

Company's 52-week low was at $94.01

Price action over last quarter: Up 1.53%

Company Profile

Allegion is a global security products company with a portfolio of leading brands, such as Schlage, von Duprin, and LCN. The Ireland-domiciled company was created via a spin-off transaction from Ingersoll-Rand in December 2013. In fiscal 2020, Allegion generated 74% of sales in the Americas, 20% of sales in Europe, the Middle East, and Africa, and 6% of sales in Asia-Pacific. The company mainly competes with Swedish-based Assa Abloy AB, Switzerland-based Dormakaba, and U.S.-based Spectrum Brands.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNewsBZI-Recaps
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!