Allegion plc (ALLE) Misses Q4 EPS by 6c; Guides Below
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Allegion Reports Fourth-Quarter, Full-Year 2016 Financial Results, Provides 2017 Outlook
February 9, 2017 5:30 AM ESTFourth-quarter 2016 earnings per share from continuing operations (EPS) of $0.77, compared with 2015 EPS of $0.74; 2016 adjusted EPS of $0.81, compared with 2015 adjusted EPS of $0.89; Both reported and adjusted EPS for fourth-quarter 2016 include a $15 million or $0.10 per share environmental remediation charge in the Americas segment Fourth-quarter 2016 revenue of $569.7 million, up 4.4 percent compared to 2015 and up 5.2 percent on an organic basis Full-year 2016 EPS of $2.36, compared with 2015 EPS of $1.59; 2016 adjusted EPS of $3.34, up 10.2 percent compared with 2015 adjusted EPS of $3.03; Both reported and adjusted EPS for full-year 2016 include a $15 million or $0.10 per share environmental remediation charge in... More
