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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POSITIVE IMPACT
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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100