Allegion's (ALLE) Q1 revenues decline 3.2% year over year due to softness in the company's residential and non-residential businesses.
Allegion (ALLE) delivered earnings and revenue surprises of 9.93% and 2.33%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
Weakness in the Allegion Americas segment and increasing costs are to dent Allegion's (ALLE) first-quarter 2024 results.