Allegion plc (NYSE: ALLE) reported third-quarter 2026 revenue of $1,172.6 million, up 9.6% on a reported basis and 7.2% organically, led by the Americas. EPS rose 18.8% to $2.59, and adjusted EPS rose 13.0% to $2.60. Operating margin was 24.3% versus 21.8%, and adjusted operating margin was 24.7% versus 24.1%. The Americas segment grew revenue 11.7% (9.1% organically), while International grew 1.8% but declined 0.2% organically. Allegion raised its full-year 2026 revenue and adjusted EPS outlook, and IEEPA tariff refunds added $19.9 million to operating income, excluded from adjusted figures.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on finanznachrichten.de ↗
Keywords
Open a keyword to see other news on the same topic.
Related news
- Allegion plc Q3 2026 Earnings Call Summary
- Why Danaher Stock Bounced Higher Today
Danaher (DHR) shares closed more than 4% higher on Tuesday after the company's third-quarter results beat analyst estimates. Sales rose 8% year over year to $6.55 billion, while GAAP net income jumped 36% to over $1.2 billion. Adjusted EPS grew 12% to $2.11, above the $1.92 analysts expected, with a $0.06 per-share tariff refund and a $263 million tax settlement and reserve release boosting profit. Danaher raised its 2026 adjusted EPS guidance to $8.57–$8.62 from $8.45–$8.60 and kept its 4%–5% core revenue growth forecast unchanged.
- Apple Faces ‘Slightly Challenging’ Earnings Setup Near Record Highs, Morgan Stanley Says — Sees Limited Upside Potential
Morgan Stanley sees a “slightly challenging near-term setup” for Apple ahead of earnings, expecting limited upside to quarterly results and possibly softer holiday-quarter guidance. It kept an Overweight rating and $355 price target, about 4.6% above Apple’s $339.50 close, and expects December-quarter revenue growth slightly below estimates. Apple’s latest quarterly revenue rose 16% to $109.4 billion, with a 50.1% gross margin that included about two percentage points from tariff refunds. Loop Capital downgraded the stock to ‘Hold’ and cut its target to $330 from $370, saying Apple had reduced planned iPhone shipments by 10%. Apple reports on November 2, and its shares have risen over 26% so far this year.
- Should You Be Worried About Apple Stock?
Apple stock returned 35.1% over the past year versus 17.1% for the S&P 500, but the article says the main pressure now is cost. Management said memory chip prices have risen sharply, calling it a '100-year flood,' and expects higher memory costs in the September quarter. Gross margin still reached 50.1% in fiscal Q3 2026, up from 46.5% a year earlier, though guidance for the September quarter is 47% to 48%, including about one point from tariff refunds. Demand is strong: products brought in $78.7 billion of the $109.4 billion in revenue, and iPhone and Mac sales ran ahead of plan. Apple trades at 38.6 times earnings versus 23.0 for the S&P 500, so the article calls gross margin the key figure to watch in the next report.
- Why Hasbro Stock Jumped Today
Hasbro's fiscal third-quarter revenue, which ended Sept. 27, rose 15% year over year to $1.6 billion, driven by a 34% jump in Magic: The Gathering sales that topped $600 million in a quarter for the first time. Adjusted operating profit climbed 52% to $541 million, helped by about $55 million in tariff refunds, and adjusted EPS soared 73% to $2.90 with help from buybacks. For fiscal 2026, Hasbro expects revenue growth of 7% to 9% in constant currency and an adjusted operating margin of 27% to 28%. The company is also using its cash flow to pay down debt and pay dividends, and it raised its share repurchase target for the year from $200 million to $400 million.
- What Are Walmart Investors Betting On?
Walmart stock trades at 42.8 times trailing net income, and consensus forecasts expect net income to rise 11.7% in fiscal 2028 on 4.4% sales growth, with the net margin widening from 3.1% to 3.3%. On forward earnings the multiple falls to 40.7 times fiscal 2027 and 36.4 times fiscal 2028, though fiscal 2028 EPS estimates range from $3.10 to $3.56. Net income more than doubled over five years to $22.1 billion, but in the latest year it grew more slowly than sales, and the fiscal 2028 forecast builds on a base that included nearly $2.9 billion in tariff refunds, which management is redirecting into lower prices. The article considers the wider margin the weaker part of the forecast, and notes that the consensus adjusted EPS of $2.89 sits slightly above the company's $2.80 to $2.87 guidance.
Related markets
Latest news
- Musk's wants to merge SpaceX and Tesla: Here's what to know
Musk said SpaceX and Tesla have formed special committees to study a merger, which would be worth about $3.5 trillion combined and would be the largest corporate deal in history. SpaceX, valued at about $2 trillion after a record listing this year, absorbed Musk's AI startup xAI in February, while Tesla is valued at about $1.5 trillion. Musk holds about 82 percent of SpaceX's voting power but only about 20 percent at Tesla. Dan Ives puts the odds of a deal at 90 percent by early 2027, though Musk called the requirement of a majority of all Tesla shares 'quite a high hurdle'. Loyal retail investors hold an estimated 25 to 27 percent of Tesla shares, and legal obstacles appear slight because both companies moved their incorporation to Texas from Delaware.
- CoreWeave and Nebius Stocks Are Crashing. Time to Buy the Dip?
Shares of Nebius and CoreWeave each fell 25% in the week of October 12 to 16. The sell-off stems from the yield on CoreWeave's debt in the secondary market surging to 15%, versus roughly 5% on Treasuries, which pushes the debt into 'distressed' territory and signals doubts about its ability to meet obligations. Nebius sold off in sympathy as a fellow neocloud company. The bigger concern is that both companies must keep issuing debt to fund data centers, and if yields are high at issuance, the assumption of nearly unlimited cheap capital could be challenged. The author says it is unclear whether now is the time to buy.
- Disney’s multiplatform Super Bowl plan frustrates ABC affiliates
ABC station owners are irritated that Disney is airing the Super Bowl across several platforms, including Disney+, ESPN2, NFL Network and ESPNU, even though the game is already on ABC and ESPN. A station group CEO estimates that the combined platforms could cut broadcast ad revenue by up to 35% compared with last year. Local affiliates typically earn about 3% of annual ad revenue from the Super Bowl and pay network owners reverse retransmission fees, but Disney+ lacks geofenced ad insertion, so affiliates cannot sell ads to streaming viewers. Disney says national commercials will be identical on all platforms and that streaming major live events is standard industry practice. Super Bowl LX drew 125.6 million viewers in February.
- Meta’s deal to keep Zuckerberg in California adds fuel to wealth tax debate ahead of election
Meta says Mark Zuckerberg will remain in California for eight years and has created a new stock plan that could help cover his taxes if Proposition 40, a 5% tax on Californians worth over $1 billion, passes on Election Day on Nov. 3. According to a filing released with its third-quarter earnings, Meta will issue non-voting Class C shares starting in January, and Zuckerberg can sell or transfer up to 20% of the shares granted to him without affecting his majority voting control. The filing says Zuckerberg’s leadership is crucial to the company’s growth and its AI ambitions, including Meta Superintelligence Labs. Most of the tech industry opposes the measure, while a recent Citrin-Politico poll found 46% in favor and 43% against, suggesting it may fall short of the majority support it needs.
- Nasdaq sell-off: A momentum unwind 'for the record books'
Matt Stucky, chief portfolio manager for equities at Northwestern Mutual Wealth Management, calls Thursday’s sell-off in the Nasdaq Composite (^IXIC) a momentum unwind “for the record books.” He says the market spent the first half of 2026 driven by a beta and momentum trade led by semiconductors, but in the third quarter, as rates rose, money shifted into quality stocks. He does not think the sell-off is justified by fundamentals, arguing that institutional portfolio managers swapping out of factor positions can drag down whole baskets of stocks. In semiconductors, spot rental rates for Nvidia Blackwell chips are higher than a month ago, showing tightening compute supply, even as financing costs rise and investors worry about neocloud business models and the rising cost of insuring their bonds.
- Dune launches real-time data feeds covering 200 onchain trading venues
Blockchain analytics platform Dune has launched real-time market data feeds covering more than 200 onchain trading venues, aiming to bring this data into the systems of traditional financial institutions. The feeds draw trade data from 12 blockchains, including Ethereum, Solana and Base, about one second after execution, covering both spot trading on decentralized exchanges and perpetual futures on Hyperliquid and Lighter. Early clients include quant funds, market makers, asset managers and bank trading desks, which use the data to assess liquidity and compare prices, though Dune did not name them. Meanwhile, the tokenized stock market has grown sharply, with distributed value reaching $3.58 billion, but 16 companies, including Microsoft, Alphabet and Goldman Sachs, have objected to their shares being traded on OKXICE’s proposed platform, and liquidity remains fragmented.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.