Allegion Reports Strong Q2 Results and Raises Full-Year Guidance
Allegion reported second-quarter revenue of $1.2 billion, up 12.7%, with adjusted EPS rising to $2.40 (+17.6%). The company raised its full-year guidance for both revenue growth (7.5%–8.5%) and adjusted EPS ($8.85–$9.00). Strong performance in the Americas, driven by non-residential and residential demand, offset weaker international results.
Tickers: $ALLE
Topics: earnings guidance_update revenue_growth