Lockmaker Allegion raises full-year profit forecast on demand from commercial buildings [Yahoo! Finance Canada]
Allegion plc Ordinary Shares (ALLE)
Last allegion plc ordinary shares earnings: 4/23 05:50 am
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Source: Yahoo! Finance Canada
Sales in the company's Americas region, its biggest, rose 5.6% in the quarter, mainly driven by non-residential demand. Its international business recorded a 4.4% jump in revenue. Allegion expects its 2024 adjusted profit per share to be between $7.35 and $7.45, compared with its previous forecast of $7.15 to $7.30. Its third-quarter adjusted profit per share was $2.16, compared with analysts' average expectation of $1.98, according to data compiled by LSEG. Quarterly revenue rose 5.4% to $967.1 million, slightly missing expectations of $970.9 million. (Reporting by Kannaki Deka in Bengaluru; Editing by Shilpi Majumdar) Recommended Stories
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News
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- Allegion plc (NYSE: ALLE) had its price target raised by analysts at Barclays PLC from $135.00 to $137.00. They now have an "underweight" rating on the stock.MarketBeat
ALLE
Earnings
- 10/24/24 - Beat
ALLE
Sec Filings
- 10/29/24 - Form 4
- 10/25/24 - Form 144
- 10/24/24 - Form 8-K
- ALLE's page on the SEC website