Overview

* Allegion ( ALLE ) Q3 revenue grows 10.7% yr/yr, beating analyst expectations

* Adjusted EPS for Q3 beats consensus, rising 6.5% yr/yr

* Company raises full-year revenue and EPS outlook, citing strong Americas performance

Outlook

* Allegion ( ALLE ) raises 2025 full-year revenue growth outlook to 7.0%-8.0%

* Company maintains 2025 organic growth outlook at 3.5%-4.5%

* Allegion ( ALLE ) raises 2025 full-year EPS outlook to $7.45-$7.55

Result Drivers

* AMERICAS NON-RESIDENTIAL - Strong performance in the Americas non-residential segment driven by price realization and volume growth

* ACQUISITIONS AND CURRENCY - Revenue growth supported by acquisitions and a positive foreign currency impact

* INTERNATIONAL SEGMENT - International segment revenue growth driven by acquisitions and currency tailwinds

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Beat $1.07 $1.04

Revenue bln bln (9

Analysts

)

Q3 Beat $2.30 $2.21

Adjusted (10

EPS Analysts

)

Q3 EPS $2.18

Q3 Beat $198.70 $191.42

Adjusted mln mln (7

Net Analysts

Income )

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 7 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the communications & networking peer group is "buy"

* Wall Street's median 12-month price target for Allegion PLC ( ALLE ) is $185.00, about 3% above its October 21 closing price of $179.47

* The stock recently traded at 21 times the next 12-month earnings vs. a P/E of 18 three months ago

Press Release:

For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact .

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)