Allegion Reports First-Quarter 2021 Financial Results, Raises Full-Year 2021 Outlook
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Allegion plc (ALLE) Tops Q1 EPS by 18c, Revenues Beat; Raises FY21 EPS Guidance Above Consensus, Boosts FY21 Revenue/Growth Outlook
April 22, 2021 5:46 AM EDTAllegion plc (NYSE: ALLE) reported Q1 EPS of $1.20, $0.18 better than the analyst estimate of $1.02. Revenue for the quarter came in at $694.3 million versus the consensus estimate of $649.76 million.
First-quarter 2021 net earnings per share (EPS) of $1.18, compared with 2020 EPS of $0.00; First-quarter 2021 adjusted EPS of $1.20, up 15.4 percent compared with 2020 adjusted EPS of $1.04First-quarter 2021 revenues of $694.3 million, up 2.9 percent compared to 2020 and up 0.5 percent on an organic basisFirst-quarter 2021 operating margin of 18.9 percent, compared with 2020 operating margin of 4.3 percent; Adjusted operating margin of 19.3 percent, up 30 basis points compared with 2020 adjusted operating margin of 19... More