ALLE to acquire ELATEC to expand its RFID reader offerings and strengthen the Allegion International segment's reach.
ALLE acquires Novas to expand its door hardware portfolio and enhance the Allegion International segment's footprint.
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The Zacks Security and Safety Services industry gains from growing awareness of safety and security among people. ALLE, MSA, LIF and ALRM are some notable stocks in the industry.
ALLE is set to benefit from strength across its segments. However, increasing expenses remain a concern.
Allegion's Q1 2025 topline grew 5.4% YoY, driven by strong performance in the Americas segment, despite international segment headwinds. The company's core Americas segment continues to show healthy demand, supporting overall topline growth and offsetting international weaknesses. Strategic acquisitions and continued focus on product innovation are expected to bolster long-term growth.
Allegion plc (NYSE:ALLE ) Q1 2025 Earnings Conference Call April 23, 2025 8:00 AM ET Company Participants Josh Pokrzywinski - Vice President of Investor Relations John Stone - President & Chief Executive Officer Mike Wagnes - Senior Vice President & Chief Financial Officer Conference Call Participants Joe Ritchie - Goldman Sachs Timothy Wojs - Baird Jeffrey Sprague - Vertical Research Partners Joe O'Dea - Wells Fargo Securities Brett Linzey - Mizuho Securities Julian Mitchell - Barclays Christopher Snyder - Morgan Stanley Andrew Obin - Bank of America Operator Good morning and welcome to the Allegion First Quarter 2025 Earnings Call. All participants will be in listen-only mode.
ALLE's first-quarter revenues increase 5.4% year over year, driven by solid momentum in the non-residential business in the Americas region.
Allegion (ALLE) came out with quarterly earnings of $1.86 per share, beating the Zacks Consensus Estimate of $1.68 per share. This compares to earnings of $1.55 per share a year ago.
ALLE's first-quarter results are expected to benefit from strength in the Americas and International units along with acquisitions. High costs are likely to affect its results.
Evaluate the expected performance of Allegion (ALLE) for the quarter ended March 2025, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
ALLE gains from strength across its end markets, acquired assets and shareholder-friendly policies.