Key Points – Allegion beat expectations and raised guidance after second-quarter revenue rose 12.7% to about $1.2 billion and adjusted EPS climbed 17.6% to $2.40.
The company now expects 2026 reported revenue growth of 7.5% to 8.5% and adjusted EPS of $8.85 to $9.00. – Americas was the main growth engine, with organic revenue up 8.9% on strong non-residential and residential demand
Management said momentum in office, multifamily, electronics and data centers is supporting the company’s outlook. – International results were weaker, especially in Europe, as organic revenue fell 1.2% and Germany demand softened. Allegion is taking restructuring actions expected to deliver about $10 million in annual cost benefits while it works through ERP-related disruptions. – The 5 Hottest CEO Stock Purchases So Far This Year Allegion (NYSE:ALLE) raised its full-year outlook after reporting double-digit revenue growth and high-teens adjusted earnings per share growth in the second quarter of 2026, driven by stronger demand in the Americas and continued momentum in non-residential markets. President and Chief Executive Officer John Stone said the quarter was supported by “strong organic growth in the Americas” and robust specification activity across the company’s core institutional markets.
He also pointed to improving conditions in commercial verticals such as office and multifamily, along with growth in data centers, which he said remains a smaller market for Allegion but is becoming increasingly relevant. “We see momentum building in our largest market, which gives us confidence in our organic growth potential over the next several years,” Stone said. Revenue and Earnings Rise in the Quarter Senior Vice President and Chief Financial Officer Mike Wagnes said second-quarter revenue was approximately $1.2 billion, up 12.7% from the prior year. Organic revenue increased 6.9%, with growth driven by both price realization and volume.