Allegion plc (NYSE: ALLE) reported third-quarter 2026 adjusted earnings of $2.60 a share, up 13.0% from a year earlier, on revenue of $1,172.6 million, up 9.6%, and raised its full-year adjusted earnings-per-share (EPS) outlook for a second straight quarter, to $9.05–$9.10. The stock rose 11.02% to $176.52 on Oct. 22, the S&P 500's top gain that day.
Allegion shares closed at $176.52 at 4 p.m. ET on Oct. 22, up $17.52 from $159.00, on a day the S&P 500 fell 1.21%.
The 11.02% rise was Allegion's largest one-day percentage gain since April 6, 2020, when the stock rose 12.4%.
Volume was 2,097,622 shares, 1.96 times the 30-day average of 1,072,529.
How did Allegion do in Q3 2026?
Allegion's third-quarter revenue rose 9.6% from a year earlier to $1,172.6 million, according to its Oct. 22 earnings release. Organic growth, which strips out acquisitions, sales of businesses and currency swings, was 7.2%.
Americas segment revenue rose 11.7%, or 9.1% organically. International revenue rose 1.8% but fell 0.2% organically as volumes declined.
Adjusted EPS rose 13.0% to $2.60 from $2.30, and adjusted operating margin widened to 24.7% from 24.1%. Reported EPS rose 18.8% to $2.59 from $2.18, partly because results include refunds of tariffs imposed under a federal emergency-powers law that added $19.9 million to operating income and $0.9 million to interest income. Allegion excludes them from adjusted figures.
Did Allegion raise its 2026 guidance?
Allegion raised its full-year 2026 adjusted EPS outlook to $9.05–$9.10 from the $8.85–$9.00 range it set on July 23, lifting the midpoint $0.15 to $9.075. It is the second straight increase to a range that started the year at $8.70–$8.90. The reported revenue growth outlook rose to 9.5%–10.5% from 7.5%–8.5%, and organic growth to 5.0%–6.0% from 3.5%–4.5%.
The reported EPS outlook rose to $8.35–$8.40 from $7.95–$8.10, but it now includes a $0.18-per-share tariff-refund benefit the July outlook excluded.
"With steady momentum in our demand generation engine and a proven, resilient business model, we are raising our full-year 2026 revenue and adjusted EPS outlook," CEO John H. Stone said in the release.
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Sources: Allegion plc, Form 8-K and Q3 2026 earnings release (Ex. 99.1), Oct. 22, 2026, Q2 2026 release, July 23, 2026, and Q4 2025 release, Feb. 17, 2026; Financial Modeling Prep, ALLE and ^GSPC daily closes and S&P 500 constituents. Volume multiple calculated by Silvia News.
Silvia News is for information only and is not investment advice.
