Lockmaker Allegion beats Q3 revenue estimates; lifts annual rev growth outlook

Allegion

23/10/2025 11:10

Overview

Allegion Q3 revenue grows 10.7% yr/yr, beating analyst expectations

Adjusted EPS for Q3 beats consensus, rising 6.5% yr/yr

Company raises full-year revenue and EPS outlook, citing strong Americas performance

Outlook

Allegion raises 2025 full-year revenue growth outlook to 7.0%-8.0%

Company maintains 2025 organic growth outlook at 3.5%-4.5%

Allegion raises 2025 full-year EPS outlook to $7.45-$7.55

Result Drivers

AMERICAS NON-RESIDENTIAL - Strong performance in the Americas non-residential segment driven by price realization and volume growth

ACQUISITIONS AND CURRENCY - Revenue growth supported by acquisitions and a positive foreign currency impact

INTERNATIONAL SEGMENT - International segment revenue growth driven by acquisitions and currency tailwinds

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$1.07 bln
$1.04 bln (9 Analysts)
Q3 Adjusted EPS
Beat
$2.30
$2.21 (10 Analysts)
Q3 EPS
$2.18
Q3 Adjusted Net Income
Beat
$198.70 mln
$191.42 mln (7 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 7 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the communications & networking peer group is "buy"

Wall Street's median 12-month price target for Allegion PLC is $185.00, about 3% above its October 21 closing price of $179.47

The stock recently traded at 21 times the next 12-month earnings vs. a P/E of 18 three months ago

Press Release: ID:nBw2qMcyMa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)