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Allegion (ALLE) Q4 Earnings Beat Estimates, Revenues In Line
Allegion plc (ALLE - Free Report) reported impressive results for fourth-quarter 2018, wherein its adjusted earnings beat the Zacks Consensus Estimate and revenues matched the same.
Earnings/Revenues
Quarterly adjusted earnings came in at $1.22 per share, outpacing the Zacks Consensus Estimate of $1.21. The bottom line was also 9.9% higher than the year-ago figure. The upside can be primarily attributed to impressive sales growth and improved operating income.
For full-year 2018, Allegion’s adjusted earnings came in at $4.50 per share, up 13.6% on a year-over-year basis.
Revenues for the reported quarter came in at $702.4 million, up 12.7% year over year.
https://www.zacks.com/stock/news/355427/...es-in-line
![[Bild: ALLEc1dl1538.png]](https://finviz.com/publish/021919/ALLEc1dl1538.png)
Allegion (ALLE) Q4 Earnings Beat Estimates, Revenues In Line
Allegion plc (ALLE - Free Report) reported impressive results for fourth-quarter 2018, wherein its adjusted earnings beat the Zacks Consensus Estimate and revenues matched the same.
Earnings/Revenues
Quarterly adjusted earnings came in at $1.22 per share, outpacing the Zacks Consensus Estimate of $1.21. The bottom line was also 9.9% higher than the year-ago figure. The upside can be primarily attributed to impressive sales growth and improved operating income.
For full-year 2018, Allegion’s adjusted earnings came in at $4.50 per share, up 13.6% on a year-over-year basis.
Revenues for the reported quarter came in at $702.4 million, up 12.7% year over year.
https://www.zacks.com/stock/news/355427/...es-in-line
