tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Allegion PLC Reports Record Q2 Revenue Growth

Allegion PLC Reports Record Q2 Revenue Growth

Allegion PLC ( (ALLE) ) has released its Q2 earnings. Here is a breakdown of the information Allegion PLC presented to its investors.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Allegion PLC, a global leader in security products and solutions, designs and manufactures innovative safety and access solutions for residential and commercial markets worldwide.

In its latest earnings report, Allegion PLC announced a strong financial performance for the second quarter of 2025, highlighted by record-breaking revenues exceeding $1 billion for the first time. The company also raised its full-year revenue and EPS outlook, reflecting confidence in its strategic direction.

Key financial metrics included a 5.8% increase in net revenues to $1,022 million, with adjusted earnings per share rising to $2.04, up 4.1% from the previous year. The Americas segment led the growth with a 6.6% revenue increase, driven by high-single-digit growth in the non-residential business, while the International segment saw a modest revenue increase of 2.9%. Operating margins remained stable, with adjusted operating income showing a 5.8% increase.

Looking ahead, Allegion PLC is optimistic about its growth prospects, raising its full-year revenue growth outlook to 6.5% to 7.5% on a reported basis. The company expects to offset tariff costs through pricing actions and anticipates full-year adjusted EPS to range between $8.00 and $8.15, maintaining a strong financial position and strategic focus on long-term commitments.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1