The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
ALLE's Q3 revenues increase 5.4% year over year driven by price realization and volume growth.
Allegion plc (NYSE:ALLE ) Q3 2024 Earnings Conference Call October 24, 2024 8:00 AM ET Company Participants Josh Pokrzywinski - VP, IR John Stone - President and CEO Mike Wagnes - SVP and CFO Conference Call Participants Vivek Srivastava - Goldman Sachs Julian Mitchell - Barclays Joe O'Dea - Wells Fargo Robert Schultz - Baird Operator Good morning and welcome to the Allegion Third Quarter 2024 Earnings Call. All participants will be in listen-only mode.
Allegion (ALLE) came out with quarterly earnings of $2.16 per share, beating the Zacks Consensus Estimate of $1.93 per share. This compares to earnings of $1.94 per share a year ago.
ALLE's Q3 results are likely to benefit from strength in both its segments and acquisitions. Increasing costs are likely to affect its results.
Here is how Allegion (ALLE) and Ingersoll Rand (IR) have performed compared to their sector so far this year.
Allegion (ALLE) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
ALLE benefits from strength across its end markets, acquired assets and shareholder-friendly policies.
Here is how Allegion (ALLE) and Ingersoll Rand (IR) have performed compared to their sector so far this year.
Allegion's moderated growth in first half of 2024 is expected to improve due to strong demand, favorable pricing, and contributions from Krieger and Unicel acquisitions. Margin growth driven by pricing, productivity gains, and a favorable mix in certain parts of the business should boost the company's margin with volume growth in the coming quarters. Allegion's long-term outlook remains promising and valuation is still at a discount, making me stick with the buy rating.
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.