Allegion plc (ALLE) Tops Q1 EPS by 15c, Revenues Beat
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Allegion Reports First-Quarter 2020 Financial Results
April 23, 2020 5:30 AM EDTFirst-quarter 2020 net earnings per share (EPS) of $0.00, compared with 2019 EPS of $0.84; Adjusted 2020 EPS of $1.04, up 18.2 percent compared with 2019 adjusted EPS of $0.88 First-quarter 2020 revenues of $674.7 million, up 3 percent compared to 2019, up 4.3 percent on an organic basis First-quarter 2020 operating margin of 4.3 percent, compared with 2019 operating margin of 16.5 percent; Adjusted operating margin of 19 percent, increased 190 basis points compared with 2019 adjusted operating margin of 17.1 percent Previously withdrew 2020 outlook; Company will provide update when visibility in the global markets returns to more predictable levels
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