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Benzinga
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These Analysts Increase Their Forecasts On Allegion After Upbeat Results

1. Allegion reported Q1 earnings of $1.86, surpassing estimates. 2. Sales reached $941.90 million, exceeding analyst expectations. 3. The company affirmed FY2025 EPS guidance of $7.65-$7.85. 4. Shares dipped 1.5% to $137.38 after the report. 5. Analysts adjusted price targets, with mixed ratings.

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FAQ

Why Bullish?

Earnings beat suggests underlying business strength, despite short-term sell-off.

How important is it?

Strong earnings and guidance indicate solid fundamentals, influencing investor sentiment.

Why Short Term?

Market's immediate reaction was negative, but earnings growth can restore confidence quickly.

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