Allegion reports Q2 adjusted EPS $2.04, consensus $1.99

Reports Q2 revenue $1.02B, consensus $999.21M. “We’re excited to share strong second-quarter results that demonstrate the agility of our team in navigating today’s dynamic environment. Quarterly revenue exceeded $1 billion for the first time in our company’s history, and I couldn’t be prouder of our team’s performance,” CEO John Stone said. “We are steadily delivering on the long-term commitments we shared recently at our Investor Day. Allegion (ALLE) is driving strong organic growth in our non-residential Americas business, improving portfolio quality and margins in International, and complementing this with accretive acquisitions.”