Allegion PLC
ALLE: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| >@g | LOCK|?r< | LOCK|<#jB@Yc |
Allegion Earnings: 2024 EPS Guidance Raised After Another Good Quarter
Allegion's third-quarter financial performance was largely in line with our expectations. Sales increased 5% year over year (3% organic) and adjusted operating margin expanded 100 basis points to 24.2%. 2024 EPS guidance is now $7.35-$7.45 ($7.15-7.30 previously).
