Allegion reports Q1 adjusted EPS $1.86, consensus $1.67

Reports Q1 revenue $941.9M, consensus $920.82M. “Allegion (ALLE) is off to a strong start in 2025. I’m proud of our team’s execution as we remained agile in a very dynamic environment. I’m especially pleased with the results delivered by our Americas non-residential business, which demonstrate the resiliency of our business model, our broad end market exposure and the depth of our relationships with channel partners and end users,” said CEO John Stone. “We were honored in the quarter with the Gallup Exceptional Workplace Award for the second consecutive year. We acquired two more bolt-on businesses in Q1 – Next Door Company and Lemaar – that expand our core and leverage our channel strengths. Our cash generation is strong, positioning Allegion well for additional capital deployment in 2025 that creates long-term value for our shareholders.”