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Allegion: Q4 Earnings Snapshot

Allegion: Q4 Earnings Snapshot

By AP News
Published - Feb 20, 2024, 05:54 AM ET
Last Updated - Feb 20, 2024, 05:54 AM EST

DUBLIN (AP) — DUBLIN (AP) — Allegion PLC (ALLE) on Tuesday reported fourth-quarter net income of $118.6 million.

On a per-share basis, the Dublin-based company said it had net income of $1.34. Earnings, adjusted for non-recurring costs, came to $1.68 per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.57 per share.

The security device maker posted revenue of $897.4 million in the period.

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