RTTNews | Oct 22, 2020 05:36AM EDT

05:36 Thursday, October 22, 2020 (RTTNews.com) - Allegion (ALLE) released earnings for its third quarter that rose from the same period last year.

The company's earnings came in at $146.9 million, or $1.58 per share. This compares with $131.6M, or $1.40 per share, in last year's third quarter.

Excluding items, Allegion reported adjusted earnings of $154.6 million or $1.67 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 fell 2.7% to $728.4 million from $748.3M last year.

Allegion earnings at a glance:

-Earnings (Q3): $154.6 Mln. vs. $138.3 Mln. last year.-EPS (Q3): $1.67 vs. $1.47 last year.-Analysts Estimate: $1.19-Revenue (Q3): $728.4 Mln vs. $748.3M last year.

-Guidance:Full year EPS guidance: $4.75 to $4.80

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