AI English summary of an SEC filing — figures as filed
Allegion ALLEThe company reported net revenues of $967.1 million for Q3, up 5.4% on a reported basis and 3.3% on an organic basis, along with net earnings of $174.2 million and diluted earnings per share of $1.99. The company cited price realization and volume growth as the drivers of organic revenue growth.
Key points
AI summaryThe company reported net revenues of $967.1 million for Q3, up 5.4% on a reported basis and 3.3% on an organic basis, along with net earnings of $174.2 million and diluted earnings per share of $1.99. The company cited price realization and volume growth as the drivers of organic revenue growth.
The company said its Q3 operating income was $215.0 million (operating margin of 22.2%), and its adjusted operating income was $233.7 million (adjusted operating margin of 24.2%, compared with 23.2% a year earlier). The company cited price, productivity and volume leverage as drivers of the 100-basis-point increase.
The company said year-to-date available cash flow for the first 9 months of this year was $388.0 million, an increase of $67.6 million from the prior-year period. Cash and cash equivalents as of Q3 were $878.9 million, and total debt was $2,402.1 million, with those balances including proceeds of $400.0 million from the 2034 senior notes issuance.
The company raised its full-year adjusted EPS outlook to a range of $7.35 to $7.45 and said it is affirming its reported revenue growth outlook of 2.5% to 3.5% and its available cash flow outlook of approximately $540 to $570 million.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Allegion Q3 net revenues of $967.1 million, net earnings of $174.2 million
The company reported net revenues of $967.1 million for Q3, up 5.4% on a reported basis and 3.3% on an organic basis, along with net earnings of $174.2 million and diluted earnings per share of $1.99. The company cited price realization and volume growth as the drivers of organic revenue growth.
Source · Based on the filing body and exhibits
Allegion Q3 operating income of $215.0 million, adjusted operating margin of 24.2%
The company said its Q3 operating income was $215.0 million (operating margin of 22.2%), and its adjusted operating income was $233.7 million (adjusted operating margin of 24.2%, compared with 23.2% a year earlier). The company cited price, productivity and volume leverage as drivers of the 100-basis-point increase.
Source · Based on the filing body and exhibits
Year-to-date available cash flow of $388.0 million, cash of $878.9 million
The company said year-to-date available cash flow for the first 9 months of this year was $388.0 million, an increase of $67.6 million from the prior-year period. Cash and cash equivalents as of Q3 were $878.9 million, and total debt was $2,402.1 million, with those balances including proceeds of $400.0 million from the 2034 senior notes issuance.
Source · Based on the filing body and exhibits
Full-year adjusted EPS outlook of $7.35 to $7.45
The company raised its full-year adjusted EPS outlook to a range of $7.35 to $7.45 and said it is affirming its reported revenue growth outlook of 2.5% to 3.5% and its available cash flow outlook of approximately $540 to $570 million.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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