NYSE:ALLEBuilding
Is Allegion’s Q1 Margin Hit Amid Higher Sales and Raised Guidance Altering The Investment Case For Allegion (ALLE)?
In the first quarter of 2026, Allegion reported sales of US$1,033.6 million, up from US$941.9 million a year earlier, while net income declined to US$138.1 million and diluted EPS from continuing operations eased to US$1.59.
The company attributed the profit pressure to margin impacts from ERP-related production issues in its international business, even as it raised full-year 2026 revenue growth guidance to 6%–8% and projected full-year EPS of US$7.95–US$8.15.
Next, we will examine how...