Allegion Raises FY23 Adj EPS Outlook From $6.55 - $6.75 To $6.70 - $6.80 Vs. $6.68 Est.
Portfolio Pulse from Benzinga Newsdesk
Allegion has increased its FY23 adjusted EPS outlook from $6.55 - $6.75 to $6.70 - $6.80, which is higher than the estimated $6.68.
July 26, 2023 | 9:37 am
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Allegion's raised FY23 adjusted EPS outlook could potentially lead to a positive impact on its stock price.
Allegion's raised EPS outlook for FY23 indicates a potentially stronger financial performance than previously expected. This could make the company's stock more attractive to investors, potentially leading to an increase in its stock price.
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