Allegion posts Q3 2026 earnings beat and lifts full‑year revenue and EPS outlook
Allegion reported third‑quarter 2026 revenue of $1.1726 billion, up 9.6% YoY, and net earnings of $220.9 million, or $2.59 per share, with adjusted EPS of $2.60, up 13% YoY. The company raised its full‑year 2026 revenue growth outlook to 9.5%‑10.5% and its adjusted EPS guidance to $9.05‑$9.10. Management credited strong organic growth in the Americas non‑residential segment and pricing leverage for the results.
Why it matters
The raised guidance suggests higher earnings and cash flow for 2026, which could support a higher valuation for ALLE. Analysts at BofA upgraded the stock and lifted their price target, reflecting the outlook improvement.
Key facts
- 1Q3 2026 net revenues were $1,172.6 million, up 9.6% on a reported basis and 7.2% organic. finanznachrichten.de
- 2Net earnings were $220.9 million, or $2.59 per share, and adjusted EPS was $2.60, up 13.0% YoY. finanznachrichten.de
- 3Operating margin was 24.3% (adjusted 24.7%). finanznachrichten.de
- 4Full‑year 2026 revenue growth outlook was raised to 9.5%‑10.5% and organic growth outlook to 5.0%‑6.0%. finanznachrichten.de
- 5Full‑year 2026 adjusted EPS guidance was raised to $9.05‑$9.10 (reported EPS guidance $8.35‑$8.40). finanznachrichten.de
- 6The company repurchased approximately 0.8 million shares for about $120 million and paid a quarterly dividend of $0.55 per share. finanznachrichten.de
Summary written by AlphAI AI Desk from 15 of 15 sources. Not investment advice. Figures are as stated by the linked sources.