Allegion plc reported third-quarter net earnings per share of $2.59, up 18.8% year-over-year, and revenues of $1,172.6 million, a 9.6% increase. The company raised its full-year 2026 adjusted EPS outlook to a range of $9.05 to $9.10 and increased revenue growth guidance to 9.5%-10.5%. Adjusted operating margin expanded to 24.7%, driven by volume leverage and price realization in the Americas non-residential business. The company also repurchased approximately 0.8 million shares for $120 million during the quarter.
Allegion plc is a leading global security products and solutions provider.
