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Allegion (ALLE)
NYSE:ALLE
Holding ALLE?
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Earnings Data
Report Date
Feb 25, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$1.75Last Year’s EPS
$1.68Same Quarter Last Year
Moderate Sell
Based on 5 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 24, 2024
|% Change Since: -12.08%
|Next Earnings Date:Feb 25, 2025
Earnings Call Sentiment|Positive
The earnings call depicted a generally positive outlook with strong revenue growth, margin expansion, and improved cash flow. However, challenges were noted in the electronics segment and mixed performance in commercial markets. The company remains optimistic about stable markets and future growth opportunities.Company Guidance
During the Allegion Third Quarter 2024 Earnings Call, the company provided updated guidance reflecting their strong performance and market conditions. They raised their full-year adjusted earnings per share (EPS) guidance to a range of $7.35 to $7.45, highlighting a solid increase from prior expectations. The company affirmed their total reported revenue growth outlook at 2.5% to 3.5% and their organic revenue growth outlook at 1.5% to 2.5%. Allegion also maintained their available cash flow projection between $540 million and $570 million. The company's strong operational execution, including a focus on pricing, productivity, and strategic acquisitions, was emphasized as key drivers behind the positive financial outlook, positioning them well for continued growth into 2025.Strong Revenue Growth
Q3 revenue increased by 5.4% compared to 2023, with organic revenue growth of 3.3% driven by favorable price and volume.
Margin Expansion
Adjusted operating margin and adjusted EBITDA margin both increased by 100 basis points, driven by pricing and productivity.
Increased Earnings Per Share
Adjusted earnings per share rose by 11.3% to $2.16, indicating strong operational performance and effective capital deployment.
Cash Flow Improvement
Year-to-date available cash flow increased by 21.1% to $388 million, demonstrating strong cash generation and working capital management.
Successful Capital Deployment
Allegion returned approximately $42 million in cash to shareholders through dividends and made share repurchases amounting to approximately $40 million.
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ALLE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ALLE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 24, 2024 | $150.33 | $144.76 | -3.71% |
| Jul 24, 2024 | $126.31 | $126.99 | +0.54% |
| Apr 25, 2024 | $125.17 | $123.52 | -1.32% |
| Feb 20, 2024 | $130.51 | $130.16 | -0.27% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Allegion (ALLE) report earnings?
Allegion (ALLE) is schdueled to report earning on Feb 25, 2025, TBA Not Confirmed.
What is Allegion (ALLE) earnings time?
Allegion (ALLE) earnings time is at Feb 25, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ALLE EPS forecast?
ALLE EPS forecast for the fiscal quarter 2024 (Q4) is $1.75.
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