Allegion ALLE reported its Q1 earnings results on Tuesday, April 26, 2022 at 05:30 AM.
Here's what investors need to know about the announcement.
Allegion beat estimated earnings by 11.46%, reporting an EPS of $1.07 versus an estimate of $0.96.
Revenue was up $29.30 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.09 which was followed by a 1.58% drop in the share price the next day.
Here's a look at Allegion's past performance:
|Quarter||Q4 2021||Q3 2021||Q2 2021||Q1 2021|
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Allegion management provided guidance for FY 2022, expecting earnings between $5.55 and $5.75 per share.
To track all earnings releases for Allegion visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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