Allegion PLC reports results for the quarter ended in June - Earnings Summary Allegion PLC ALLE.N reported quarterly adjusted earnings of $1.96​​ per share for the quarter ended in June, higher than the same quarter last year, when the company reported EPS of $1.76. The mean expectation of eight analysts for the quarter was for earnings of $1.84 per share.

Lockmaker Allegion raises profit forecast on strong demand from commercial markets July 24 (Reuters) - Allegion ALLE.N raised its 2024 adjusted profit forecast on Wednesday, anticipating strong demand for its security systems in commercial buildings. The company, which manufactures security doors, automated entrance solutions, electronic locks, among others, now expects its full-year adjusted profit to be between $7.15 and $7.30 per share, compared with its earlier forecast of $7 to $7.15. Analy

MORNING BID AMERICAS-High earnings bar, Harris polling bump A look at the day ahead in U.S. and global markets from Mike Dolan Wall St has suddenly become a tough crowd to please. Much like last week's cool market reception for decent earnings beats from streamer Netflix NFLX.O or chipmaker TSMC 2330.TW , Alphabet's GOOGL.O surprisingly muscular second quarter left its stock down 2% overnight - and even the artificial intelligence theme didn't wow the gallery.

BRIEF-Allegion Q2 Adjusted EPS USD 1.96 Vs. IBES Estimate USD 1.84 Jul 24 (Reuters) - Allegion Q2 net income USD 155.4 million. Q2 operating income USD 209 million Q2 pretax profit USD 189 million vs. IBES estimate USD 200.4 million Q2 gross profit USD 428.3 million Q2 revenue USD 965.6 million vs. IBES estimate USD 953.6 million Q2 EPS USD 1.77 Q2

Allegion PLC expected to post earnings of $1.84 a share - Earnings Preview Allegion PLC ALLE.N , ALLE.K is expected to show a rise in quarterly revenue when it reports results on July 24 for the period ending June 30 2024 The Dublin-based company is expected to report a 4.5% increase in revenue to $953.552 million from $912.5 million a year ago, according to the mean estimate from 8 analysts, based on LSEG data.

UPDATE 4-Assa Abloy's organic sales take hit from slow China construction market Adds CEO comments in paragraphs 2-3, updates share move By Elviira Luoma July 17 (Reuters) - Sweden's Assa Abloy ASSAb.ST , the world's biggest lockmaker, said on Wednesday its organic sales fell 1% in the second quarter as weakness in China's construction market continued to weigh on its Asia Pacific business.

BUZZ-Wells Fargo cuts PT for Allegion as investors worry about slowing demand ** Wells Fargo cuts price target for security products provider Allegion ALLE.N to $125 from $141, keeps "equal-weight" rating ** The new PT represents a 9% upside to the stock's last close ** Brokerage flags "downbeat" investor tone on demand from non-residential sector

U.S. RESEARCH ROUNDUP-Nvidia, Qualcomm, Tesla July 10 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Nvidia, Qualcomm and Tesla, on Wednesday. HIGHLIGHTS * Brighthouse Financial Inc BHF.O : Jefferies raises to buy from hold * Legalzoom.Com Inc LZ.O : JP Morgan cuts to neutral from overweight * Nvidia Corp NVDA.O : KeyBanc raises target price to $180 * Qualcomm Inc QCOM.O : KeyBanc raises target price to $225 * Tesla

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BUZZ-U.S. STOCKS ON THE MOVE-Core & Main, HEICO, Honeywell Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The S&P 500 and the Nasdaq slipped on Tuesday after the latest labor market data compounded worries about growing weakness in the world's largest economy.

BUZZ-Allegion falls after Barclays downgrades to 'underweight' ** Lock-maker Allegion's shares ALLE.N fall 1.7% at $118.44 ** Barclays lowers rating to "underweight" from "equal-weight", citing slower recovery in end-markets ** Cuts PT to $116 from $122, a 3.7% downside to stock's last close ** Four brokerages rate stock "buy", five "hold" and two

BRIEF-Allegion Acquires Krieger Specialty Products June 4 (Reuters) - Allegion PLC ALLE.N : ALLEGION ACQUIRES KRIEGER SPECIALTY PRODUCTS, EXPANDING ALLEGION AMERICAS INSTITUTIONAL MARKET PORTFOLIO ALLEGION PLC - TERMS OF TRANSACTION WERE NOT DISCLOSED. Source text for Eikon: ID:nBw4bpdn5a Further company coverage: ALLE.N

BRIEF-Allegion Announces Pricing Of $400 Million Of Senior Notes May 21 (Reuters) - Allegion PLC ALLE.N : ALLEGION ANNOUNCES PRICING OF $400 MILLION OF SENIOR NOTES ALLEGION PLC - PRICED ITS OFFERING BY ITS SUBSIDIARY, ALLEGION US OF $400 MILLION AGGREGATE PRINCIPAL AMOUNT OF 5.600% DUE 2034 Source text for Eikon: ID:nBw24vNzDa Further company cove

BRIEF-Allegion Us Holding Company Inc Files For Offering Of Senior Notes Size Not Disclosed - SEC Filing May 21 (Reuters) - Allegion PLC ALLE.N : ALLEGION US HOLDING COMPANY INC FILES FOR OFFERING OF SENIOR NOTES; SIZE NOT DISCLOSED - SEC FILING Source text for Eikon: [ID:n0001193125-24-143374] Further company coverage: ALLE.N