Allegion plc (ALLE) Tops Q3 EPS by 48c, Revenues Beat; Raises FY20 EPS Guidance Above Consensus
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/22/2026
- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Oil price dips to $100 on hopes of US-Iran diplomacy, partial recovery in Saudi exports
- Paramount, Warner Bros jump on report of settlement progress in merger fight
- Investors may be underpricing how far rate hikes could go, Deutsche says
- Pennsylvania measles cases near 800 as outbreak grows
- A timeline of Trump administration moves to weaken endangered species protections
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- SpaceX and Tesla’s AI linkup is getting deeper. Here’s what Morgan Stanley sees
Allegion Reports Third-Quarter 2020 Financial Results; Raises Full-Year EPS Outlook
October 22, 2020 5:30 AM EDTThird-quarter 2020 net earnings per share (EPS) of $1.58, compared with 2019 EPS of $1.40; Adjusted 2020 EPS of $1.67, up 13.6 percent compared with 2019 adjusted EPS of $1.47 Third-quarter 2020 revenues of $728.4 million, down 2.7 percent compared to 2019, down 3.4 percent on an organic basis Third-quarter 2020 operating margin of 22 percent, compared with 2019 operating margin of 22.5 percent; Adjusted operating margin of 23.3 percent, up 20 basis points compared with 2019 adjusted operating margin of 23.1 percent Improving outlook for 2020 full-year revenue decline to a range of 6 to 6.5 percent on both a reported and organic basis Raising full-year 2020 EPS outlook to a range... More
