Allegion Reaffirms FY24 Revenue Growth Outlook At 2.5% - 3.5%
Portfolio Pulse from Benzinga Newsdesk
Allegion has reaffirmed its revenue growth outlook for the fiscal year 2024, projecting an increase of 2.5% to 3.5%.
October 24, 2024 | 9:35 am
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Allegion has reaffirmed its revenue growth outlook for FY24, expecting an increase between 2.5% and 3.5%. This indicates stability and confidence in its financial performance.
The reaffirmation of revenue growth outlook suggests that Allegion is confident in its business operations and market conditions. This positive outlook is likely to boost investor confidence, potentially leading to a short-term increase in stock price.
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