Allegion's (ALLE) Q2 earnings results reflect gains from the solid performance of its Allegion Americas segment.
Allegion (ALLE) delivered earnings and revenue surprises of 3.01% and 0.36%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
DUBLIN, July 28, 2022--Allegion plc (NYSE: ALLE), a leading global provider of security products and solutions, today reported second-quarter 2022 net revenues of $773.1 million and net earnings of $115.1 million, or $1.30 per share. Excluding charges related to restructuring, acquisition and integration expenses, debt financing, as well as non-operating investment gains, adjusted net earnings were $121.1 million, or $1.37 per share, up 3.8 percent when compared with second-quarter 2021 adjusted