Allegion plc (ALLE) Tops Q2 EPS by 11c; Raises Outlook

Allegion plc (NYSE: ALLE) reported Q2 EPS of $1.11, $0.11 better than the analyst estimate of $1.00. Revenue for the quarter came in at $627 million versus the consensus estimate of $613.32 million.

Raising guidance for 2017 full-year revenue and raising full-year adjusted EPS outlook; Full-year 2017 reported revenue growth of 6.5 to 7.5 percent with organic revenue growth of 6 to 7 percent; Full-year 2017 EPS guidance of $3.55 to $3.72 and $3.65 to $3.80 per share on an adjusted basis.

For earnings history and earnings-related data on Allegion plc (ALLE) click here.

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