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Sep 30, 2020
Allegion Q3 2020 Earnings Report
Reported third-quarter earnings with revenues of $728.4 million and EPS of $1.58.
Key Takeaways
Allegion reported Q3 2020 net revenues of $728.4 million and net earnings of $146.9 million, or $1.58 per share. Adjusted net earnings were $154.6 million, or $1.67 per share.
Third-quarter 2020 net earnings per share (EPS) of $1.58, compared with 2019 EPS of $1.40; Adjusted 2020 EPS of $1.67, up 13.6 percent compared with 2019 adjusted EPS of $1.47
Third-quarter 2020 revenues of $728.4 million, down 2.7 percent compared to 2019, down 3.4 percent on an organic basis
Third-quarter 2020 operating margin of 22 percent, compared with 2019 operating margin of 22.5 percent; Adjusted operating margin of 23.3 percent, up 20 basis points compared with 2019 adjusted operating margin of 23.1 percent
Improving outlook for 2020 full-year revenue decline to a range of 6 to 6.5 percent on both a reported and organic basis
Revenue by Segment
Forward Guidance
The company is improving its full-year 2020 revenue outlook for total and organic decline to a range of 6 to 6.5 percent compared to 2019. The company is raising its full-year 2020 outlook for reported EPS to a range of $3.40 to $3.50 and raising adjusted EPS to a range of $4.75 to $4.80.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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