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These Analysts Increase Their Forecasts On Allegion After Upbeat Results
Why it may matterVerify against the original reporting
Earnings beat suggests underlying business strength, despite short-term sell-off.
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What happened, with direct paths to the underlying reporting
Allegion reported Q1 earnings of $1.86, surpassing estimates. Sales reached $941.90 million, exceeding analyst expectations. The company affirmed FY2025 EPS guidance of $7.65-$7.85. Shares dipped 1.5% to $137.38 after the report. Analysts adjusted price targets, with mixed ratings.
- Allegion reported Q1 earnings of $1.86, surpassing estimates.
- Sales reached $941.90 million, exceeding analyst expectations.
- The company affirmed FY2025 EPS guidance of $7.65-$7.85.
- Shares dipped 1.5% to $137.38 after the report.
- Analysts adjusted price targets, with mixed ratings.
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