Allegion plc's first-quarter 2026 earnings fell short of expectations, with adjusted earnings per share of $1.80, down from $1.86 last year and missing estimates by 8.4%. However, the company achieved a notable 9.7% year-over-year revenue increase, totaling $1.03 billion and surpassing consensus estimates. Looking ahead, Allegion projects revenue growth of 6% to 8% for the year, despite a decline in operating margin to 18.9%, reflecting rising operational costs amid ongoing disruptions from an ERP implementation.
“Allegion plc · shares fell · US$137 · 6.7%”
“Allegion plc · revenues were · US$1.0b · in line with analyst predictions”
“Allegion plc · statutory earnings were · US$1.59 per share · less than expected, missing estimates by 8.4%”
“Allegion's twelve analysts · forecast revenues for 2026 · US$4.38b · 5.3% improvement”
“Allegion's twelve analysts · predict statutory earnings per share for 2026 · US$8.05 · rise 9.1%”
“Allegion · is expected to grow · 7.1% · on an annualised basis”
“Allegion's annual growth over the past five years · is · 8.2% · in line with”
“Allegion · reported · first-quarter 2026 results · missed Wall Street's profit estimates”
“Allegion · posted adjusted earnings per share · $1.80 · fell short of the consensus estimate of $1.90”
“Allegion · posted adjusted earnings per share · $1.80 · declined from $1.86 in the same quarter last year”
“Allegion · operating margin · 18.9% · fell from 20.9% a year ago”
“Allegion · revenue growth · 9.7% year-over-year · to $1.03 billion”