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Allegion (ALLE)
NYSE:ALLE
Earnings Data
Report Date
Apr 24, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
1.67Last Year’s EPS
1.55Same Quarter Last Year
Moderate Sell
Based on 6 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 18, 2025
|% Change Since: -1.79%
|Next Earnings Date:Apr 24, 2025
Earnings Call Sentiment|Positive
Allegion's earnings call highlighted strong revenue growth, successful capital deployment, and record cash flow, indicating solid performance in 2024, especially in the Americas segment. However, challenges in the international segment, price and productivity headwinds, and the exit from the China market were notable lowlights. Overall, the positive aspects significantly outweighed the negatives.Company Guidance
During the Allegion Fourth Quarter 2024 Earnings Call, the company provided guidance for 2025, anticipating total revenue growth between 1% and 3% and organic revenue growth of 1.5% to 3.5%. The Americas segment is expected to see low to mid-single-digit growth, while the International segment remains flat. Adjusted earnings per share are projected to be in the range of $7.65 to $7.85, indicating a growth of 1.5% to 4% over the prior year. Allegion aims to achieve 85% to 90% of adjusted net income as available cash flow. The company's guidance also factors in challenges such as tariffs, with less than 5% of cost of goods sold imported from China, and potential pricing actions to mitigate cost impacts from Mexico tariffs. Allegion continues to focus on balanced capital deployment, including accretive acquisitions like Next Door Company and Lemaar, and has an active pipeline for future M&A activities.Strong Revenue Growth in Q4
Allegion reported Q4 revenue of $945.6 million, an increase of 5.4% compared to 2023, with organic revenue growth of 3.5% driven by favorable price and volume.
Margin Expansion and Earnings Increase
Q4 adjusted operating margin increased by 10 basis points, and adjusted earnings per share of $1.86 increased by 10.7% versus the prior year.
Successful Capital Deployment
Allegion executed $137 million in M&A activities in 2024, with five bolt-on acquisitions, and completed share repurchases of approximately $220 million.
Growth in Americas Segment
Americas segment delivered strong results with a 4.6% organic growth in Q4, driven by both favorable price and volume.
Record Cash Flow
Full year 2024 available cash flow was $582.9 million, a 12.9% increase versus last year, driven by higher earnings and improvements in working capital.
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ALLE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ALLE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 18, 2025 | $132.84 | $125.38 | -5.62% |
| Oct 24, 2024 | $149.72 | $144.17 | -3.71% |
| Jul 24, 2024 | $125.80 | $126.47 | +0.53% |
| Apr 25, 2024 | $124.66 | $123.02 | -1.32% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Allegion (ALLE) report earnings?
Allegion (ALLE) is schdueled to report earning on Apr 24, 2025, TBA Not Confirmed.
What is Allegion (ALLE) earnings time?
Allegion (ALLE) earnings time is at Apr 24, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ALLE EPS forecast?
ALLE EPS forecast for the fiscal quarter 2025 (Q1) is 1.67.
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