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.
Allegion plc (NYSE:ALLE ) Q2 2024 Earnings Conference Call July 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 Tim Wojs - Baird Joe Ritchie - Goldman Sachs Joe O'Dea - Wells Fargo Julian Mitchell - Barclays Brett Linzey - Mizuho David MacGregor - Longbow Research Operator Good morning, and welcome to the Allegion Second Quarter 2024 Earnings Call. All participants will be in listen-only mode.
Allegion's (ALLE) Q2 revenues increase 5.8% year over year driven by price realization and volume growth.
Allegion (ALLE) came out with quarterly earnings of $1.96 per share, beating the Zacks Consensus Estimate of $1.77 per share. This compares to earnings of $1.76 per share a year ago.
Allegion's (ALLE) Q2 results are likely to benefit from strength in the International unit and acquisitions. Soft residential and non-residential markets in the U.S. are likely to affect its results.
Allegion (ALLE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Allegion (ALLE) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Earnings will increase dramatically in the second half for this package delivery giant. This aerospace company has been sold off on near-term fears, but its long-term growth prospects remain intact.
Allegion (ALLE) benefits from strength in the Allegion International segment and accretive acquisitions. Its measures to reward its shareholders are encouraging.
Many companies invest in automation to cut costs and reduce supply chain complexity. Efficient heating, ventilation, and air conditioning systems are a significant part of the fight to reduce harmful emissions.
Growing awareness for safety and security among people favor the Zacks Security and Safety Services industry's near term. ALLE, MSA, BRC and NSSC are well-placed to capitalize on the positivity.
Allegion's (ALLE) acquisition of Unicel Architectural is expected to strengthen its product offerings and boost its non-residential business.