AllegionNYSE: ALLE

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ALLE's revenues for the third quarter rose by 5.4% compared to the same period last year, thanks to higher prices and increased sales volume.

Allegion plc (NYSE:ALLE) will hold its Q3 2024 Earnings Conference Call on October 24, 2024, at 8:00 AM ET. The call will feature company representatives including Josh Pokrzywinski, John Stone, and Mike Wagnes, along with participants from various financial institutions. Please note that all attendees will be in listen-only mode during the call.

Allegion (ALLE) reported quarterly earnings of $2.16 per share, which is higher than the Zacks Consensus Estimate of $1.93 per share. This is an increase compared to earnings of $1.94 per share from the same period last year.

DUBLIN--(BUSINESS WIRE)--Allegion plc (NYSE: ALLE), a top global provider of security products and solutions, has announced its financial results for the third quarter, which ended on September 30, 2024. Allegion President and CEO John H. Stone stated, "Q3 has shown strong results for Allegion, with our team achieving revenue growth and improved margins, highlighting the strength of our business model." As we approach the end of 2024, we remain focused on our goals.

ALLE's Q3 results are expected to improve due to strong performance in both of its segments and recent acquisitions. However, rising costs may have a negative impact on its overall results.

DUBLIN--(BUSINESS WIRE)--Allegion plc (NYSE: ALLE), a top global provider of security products and solutions, has purchased SOSS Door Hardware (SOSS) through one of its subsidiaries. SOSS is a well-known manufacturer of high-quality hinges and door hardware, mainly serving the North American non-residential market. Established in 1903, the company is famous for creating the concealed hinge, and its SOSS Invisible Hinge, along with fire-rated and heavy-duty hinges, are widely used today.