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With a market cap of $13.1 billion, Allegion plc (ALLE) operates in the security products and solutions industry. Based in Dublin, Ireland, the company offers a broad range of mechanical and electronic security systems, catering to residential, institutional, and commercial markets worldwide. It is expected to announce its Q3 earnings before the market opens on Thursday, Oct. 24.
Ahead of the event, analysts expect the security device maker to report a profit of $1.93 per share, slightly down from $1.94 per share reported in the year-ago quarter. However, the company has consistently surpassed Wall Street’s EPS projections in the past four quarters. ALLE exceeded the consensus estimates by 10.7% in Q2 2024.
