Recap: Allegion Q4 Earnings

Allegion (NYSE:ALLE) reported its Q4 earnings results on Tuesday, February 20, 2024 at 05:30 AM. Here’s what investors…

Allegion (NYSE:ALLE) reported its Q4 earnings results on Tuesday, February 20, 2024 at 05:30 AM.

Here’s what investors need to know about the announcement.

Earnings

Allegion beat estimated earnings by 5.66%, reporting an EPS of $1.68 versus an estimate of $1.59.

Revenue was up $35.90 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.21 which was followed by a 0.57% increase in the share price the next day.

Here’s a look at Allegion’s past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 1.73 1.72 1.35 1.38
EPS Actual 1.94 1.76 1.58 1.60
Revenue Estimate 910.41M 938.22M 844.80M 848.69M
Revenue Actual 917.90M 912.50M 923.00M 861.50M

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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