Allegion PLC expected to post earnings of $1.98 a share - Earnings Preview

Allegion

22/10/2024 15:05

* Allegion PLC  ALLE.N   ALLE.K  is expected to show a rise
in
quarterly revenue when it reports  results on October 24 for the
period ending September 30 2024
    * The Dublin-based  company is expected to report a
5.8% increase
in revenue to $970.887 million from $917.9 million a year ago,
according to the mean estimate from 8 analysts, based on LSEG
data.
    * ​LSEG's mean analyst estimate for Allegion PLC is for
earnings
of $1.98 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 6
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Allegion
PLC is
$150.00​, below​ its last closing price of $152.01. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  1.85        1.84       1.96      Beat    6.4
 Jan. 1 2024   1.46        1.45       1.55      Beat    6.8
 Dec. 31 2023  1.59        1.59       1.68      Beat    5.9​
 Sep. 30 2023  1.73        1.73       1.94      Beat    11.9
 ​​Jun.        1.72        1.71       1.76      Beat    2.9
 30 2023                                                
 Mar. 31 2023  1.36        1.36       1.58      Beat    16.6​
 Dec. 31 2022  1.39        1.39       1.60      Beat    15.5
 Sep. 30 2022  1.48        1.47       1.64      Beat    11.3
 This summary was machine generated October 22 at 14:05 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)