Allegion reports first-quarter 2022 financial results, raises full-year 2022 revenue outlook, reaffirms full-year 2022 eps outlook

Dublin--(business wire)--allegion plc (nyse: alle), a leading global provider of security products and solutions, today reported first-quarter 2022 net revenues of $723.6 million and net earnings of $93 million, or $1.05 per share. excluding charges related to restructuring, acquisition and integration expenses, as well as a non-operating investment gain, adjusted net earnings were $95.2 million, or $1.07 per share, down 10.8 percent when compared with first-quarter 2021 adjusted eps of $1.20.
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