RTTNews | Feb 16, 2021 05:35AM EST

05:35 Tuesday, February 16, 2021 (RTTNews.com) - Allegion (ALLE) reported a profit for its fourth quarter that advanced from last year.

The company's bottom line totaled $93.3 million, or $1.01 per share. This compares with $80.7 million, or $0.86 per share, in last year's fourth quarter.

Excluding items, Allegion reported adjusted earnings of $137.1 million or $1.49 per share for the period.

Analysts had expected the company to earn $1.19 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 1.1% to $727.3 million from $719.5 million last year.

Allegion earnings at a glance:

-Earnings (Q4): $137.1 Mln. vs. $119.8 Mln. last year.-EPS (Q4): $1.49 vs. $1.28 last year.-Analysts Estimate: $1.19-Revenue (Q4): $727.3 Mln vs. $719.5 Mln last year.

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