Allegion Raises FY24 Revenue Growth Outlook To 2.5% - 3.5%
Portfolio Pulse from Benzinga Newsdesk
Allegion has raised its FY24 revenue growth outlook to a range of 2.5% to 3.5%.
July 24, 2024 | 9:32 am
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Allegion has increased its FY24 revenue growth outlook to 2.5% - 3.5%, indicating a positive business outlook.
Raising the revenue growth outlook suggests that Allegion is expecting better-than-anticipated business performance, which is likely to positively impact investor sentiment and the stock price in the short term.
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