Allegion Raises FY26 Guidance After Q3 Net Income Rises to $220.9 Million

Allegion plc (ALLE) on Thursday reported higher third-quarter 2026 net earnings and raised its full-year outlook, sending the security and access company's shares up 1.25% to close at $159 on the New York Stock Exchange on Wednesday. Net earnings rose to $220.9 million from $188.4 million a year earlier, with earnings per share of $2.59 versus $2.18. Adjusted EPS came in at $2.60 versus $2.30, while adjusted EBITDA jumped to $308 million from $274.1 million. Net revenue increased to $1.17 billion from $1.07 billion. For full-year 2026, Allegion raised its reported revenue growth outlook to 9.5% to 10.5% and organic growth outlook to 5% to 6%. It lifted adjusted EPS guidance to $9.05 to $9.10 and expects reported EPS of $8.35 to $8.40.