Allegation AT reported fourth quarter earnings results on Tuesday, February 20, 2024 at 5:30 am.
Here’s what investors need to know about the announcement.
Earnings
Allegion beat estimated earnings by 5.66%, reporting EPS of $1.68 versus an estimate of $1.59.
Revenue increased by $35.90 million compared to the same period last year.
Past earnings performance
In the last quarter the company beat EPS of $0.21, followed by a 0.57% increase in the stock price the next day.
Here’s a look at Allegion’s past performances:
| Quarter | Third quarter 2023 | Second quarter 2023 | First quarter 2023 | Fourth quarter 2022 |
|---|---|---|---|---|
| EPS estimate | 1.73 | 1.72 | 1.35 | 1.38 |
| Actual EPS | 1.94 | 1.76 | 1.58 | 1.60 |
| Revenue estimate | 910.41 million | 938.22 million | 844.80 million | 848.69 million |
| Actual revenue | 917.90 million | 912.50 million | 923.00 million | 861.50 million |
To keep track of 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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Posted in: EarningsBZI-Summaries