Allegion Raises FY24 Adj EPS Outlook To $7.15 - $7.30 Vs. $7.11 Est.
Portfolio Pulse from Benzinga Newsdesk
Allegion has raised its FY24 adjusted EPS outlook to a range of $7.15 to $7.30, surpassing the previous estimate of $7.11.
July 24, 2024 | 9:34 am
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Allegion has increased its FY24 adjusted EPS outlook to $7.15 - $7.30, higher than the previous estimate of $7.11. This positive revision indicates strong financial performance and could boost investor confidence.
The upward revision of Allegion's FY24 adjusted EPS outlook suggests better-than-expected financial performance. This is likely to positively impact the stock price as it reflects strong earnings potential and could attract more investors.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100