Allegion plc (ALLE) Tops Q4 EPS by 22c; Offers FY23 EPS Guidance
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Allegion Reports Fourth-Quarter, Full-Year 2022 Financial Results, Introduces 2023 Outlook
February 22, 2023 5:30 AM ESTFourth-quarter 2022 net earnings per share (EPS) of $1.53, compared with 2021 EPS of $1.26; Fourth-quarter 2022 adjusted EPS of $1.60, up 44.1 percent compared with 2021 adjusted EPS of $1.11 Fourth-quarter 2022 revenues of $861.5 million, up 21.5 percent compared to 2021 and up 11.4 percent on an organic basis Full-year 2022 EPS of $5.19, compared with 2021 EPS of $5.34; Full-year 2022 adjusted EPS of $5.69, up 9.6 percent compared with 2021 adjusted EPS of $5.19 Full-year 2022 revenue of $3.27 billion, up 14.1 percent compared with 2021 and up 10.7 percent on an organic basis Available cash flow, which is defined as net cash from operating activities minus capital expenditures, was $395.5 million for... More
