Allegion plc (ALLE) Tops Q1 EPS by 11c; Offers Full Year EPS Guidance
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Allegion Reports First-Quarter 2022 Financial Results, Raises Full-Year 2022 Revenue Outlook, Reaffirms Full-Year 2022 EPS Outlook
April 26, 2022 5:30 AM EDTFirst-quarter 2022 net earnings per share (EPS) of $1.05, compared with 2021 EPS of $1.18; First-quarter 2022 adjusted EPS of $1.07, down 10.8 percent compared with 2021 adjusted EPS of $1.20 First-quarter 2022 revenues of $723.6 million, up 4.2 percent on a reported basis and up 6.4 percent on an organic basis First-quarter 2022 operating margin of 16.2 percent, compared with 2021 operating margin of 18.9 percent; Adjusted operating margin of 16.9 percent, down 240 basis points compared with 2021 adjusted operating margin of 19.3 percent Raising 2022 full-year revenue growth outlook to a range of 7.5 to 9 percent on a reported basis and 8.5 to... More
