Allegion Raised FY24 Adj EPS Outlook To $7.35-$7.45 (from $7.15 - $7.30) Vs. $7.25 Est.
Portfolio Pulse from Benzinga Newsdesk
Allegion has raised its fiscal year 2024 adjusted EPS outlook to a range of $7.35 to $7.45, up from the previous range of $7.15 to $7.30. This new guidance surpasses the estimated $7.25.
October 24, 2024 | 9:37 am
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Allegion has increased its FY24 adjusted EPS guidance to $7.35-$7.45, exceeding the previous range and market estimates. This suggests a positive outlook for the company's financial performance.
The increase in EPS guidance indicates improved financial performance expectations, which is likely to positively impact Allegion's stock price. The new guidance surpasses both the previous range and market estimates, suggesting strong company performance.
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