Allegion plc (ALLE) Reports In-Line Q4 EPS, Slight Miss on Revenues; Offers FY19 EPS Guidance Below Consensus
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Allegion Reports Fourth-Quarter, Full-Year 2018 Financial Results, Provides 2019 Outlook
February 19, 2019 5:30 AM ESTFourth-quarter 2018 earnings per share (EPS) of $1.39, compared with 2017 EPS of $0.10; 2018 adjusted EPS of $1.22, compared with 2017 adjusted EPS of $1.11 Fourth-quarter 2018 revenue of $702.4 million, up 12.7 percent compared with 2017 and up 6.7 percent on an organic basis Full-year 2018 EPS of $4.54, compared with 2017 EPS of $2.85; 2018 adjusted EPS of $4.50, up 13.6 percent compared with 2017 adjusted EPS of $3.96 Full-year 2018 revenue of $2.73 billion, up 13.4 percent compared with 2017 and up 6 percent on an organic basis Full-year 2018 available cash flow was up $110.8 million to $408.7 million... More
