Allegion Q1 Earnings Miss, Weak Guidance

Allegion reported Q1 adjusted EPS $1.80 vs consensus $1.89, missing expectations.
Revenue hit $1.03 bn, in line with forecasts, up 9.7% YoY (2.6% organic).
Full‑year 2026 adjusted EPS guidance $8.70‑$8.90 matches consensus, but reported EPS outlook $7.95‑$8.15 falls short.
Company raised reported revenue growth outlook to 6‑8% while affirming 2‑4% organic growth target.