Allegion Q2 Adj $1.96 Beats $1.84 Estimate, Sales $965.60M Beat $953.55M Estimate
Portfolio Pulse from Benzinga Newsdesk
Allegion (NYSE: ALLE) reported Q2 earnings of $1.96 per share, beating the analyst estimate of $1.84. Sales were $965.60 million, surpassing the $953.55 million estimate. Both earnings and sales showed significant year-over-year growth.
July 24, 2024 | 9:31 am
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Allegion reported Q2 earnings of $1.96 per share, beating the analyst estimate of $1.84. Sales were $965.60 million, surpassing the $953.55 million estimate. Both earnings and sales showed significant year-over-year growth.
Allegion's Q2 earnings and sales both exceeded analyst expectations and showed significant year-over-year growth. This positive financial performance is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100