Investors Are Eagerly Anticipating Allegion plc ($ALLE) Q3 2024 Earnings Report

10

Brace yourselves for the unveiling of Allegion plc's (NYSE: ALLE) third quarter financial results on Thursday 24th October 2024. This eagerly awaited announcement will take place before market open.

Wall Street financial analysts are foreseeing that the concern is likely to announce an estimated per share $1.98 profit for the quarter. Furthermore, it is anticipated that the company will disclose a total revenue of $970.89 million during the quarter.

During the same quarter of the previous year, the company's earnings report indicated a per-share income of $1.94. This noteworthy figure was a direct outcome of the company's total revenue, which reached an impressive $917.9 million during that specific period.

The experts on Wall Street have shared their predictions for how well the company will do this year. They think the total revenue will be around $3.77 billion. They also believe the company will reach about profit of $7.25 per share for the fiscal year.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $1.96 +11.4% 965.60 M +5.8%
Q1 2024 $1.55 -1.9% 893.90 M -3.2%
Q4 2023 $1.68 +5.0% 897.40 M +4.2%
Q3 2023 $1.94 +18.3% 917.90 M +0.5%
Q2 2023 $1.76 +28.5% 912.50 M +18.0%
*Growth on year-over-year basis

 

Additionally, The company will host a conference call with investors and analysts on 24th October 2024 at 08:00 AM eastern time to review the Q3 2024 financial results.

Allegion plc (ALLE) shares experienced a range of $150.02 to $151.67 on a day volume of 982.20 thousand shares. The stock closed Tuesday's regular trading session at $150.60, indicating a 0.93 percent fall.