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Allegion plc: Allegion Reports Fourth-Quarter, Full-Year 2020 Financial Results, Provides 2021 Outlook

Allegion plc: Allegion Reports Fourth-Quarter, Full-Year 2020 Financial Results, Provides 2021 Outlook
Fourth-quarter 2020 net earnings per share (EPS) of $1.01, compared with 2019 EPS of $0.86; Fourth-quarter 2020 adjusted EPS of $1.49, up 16.4 percent compared with 2019 adjusted EPS of $1.28
Fourth-quarter 2020 revenues of $727.3 million, up 1.1 percent compared to 2019 and down 0.6 percent on an organic basis
Full-year 2020 EPS of $3.39, compared with 2019 EPS of $4.26; Full-year 2020 adjusted EPS of $5.11, up 4.5 percent compared with 2019 adjusted EPS of $4.89
Full-year 2020 revenue of $2.72 billion, down 4.7 percent compared with 2019 and down 4.8 percent on an organic basis
Full-year 2020 available cash flow was up $20.6 million to $443.2 million
Full-year 2021 reported revenue is estimated to be down 0.5 to 1.5 percent with organic revenue decline at 1.5 to 2.5 percent; Full-year 2021 EPS outlook of $4.55 to $4.75, and $4.70 to $4.85 on an adjusted ....

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Allegion PLC (ALLE) Q4 2020 Earnings Call Transcript

Allegion PLC (ALLE) Q4 2020 Earnings Call Transcript
Motley Fool Transcribers
© The Motley Fool
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Allegion PLC (NYSE: ALLE)
Operator
Good morning and welcome to the Allegion s Fourth Quarter and Full-Year 2020 Earnings Conference Call. [Operator Instructions] Please note this event is being recorded.
I would now like to turn the conference over to Tom Martineau, Vice President, Investor Relations and Treasurer. Please go ahead.
This article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company s SEC filings. Please see our ....

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