Allegion (ALLE) posted Q1 adjusted earnings Thursday of $1.86 per diluted share, up from $1.55 a year earlier.

Analysts polled by FactSet expected $1.67.

Net revenue for the quarter ended March 31 was $941.9 million, up from $893.9 million a year earlier.

Analysts surveyed by FactSet expected $920.9 million.

For 2025, the company continues to expect adjusted EPS of $7.65 to $7.85. Analysts polled by FactSet expect $7.75.

The company also continues to expect full-year revenue to increase 1% to 3% on a reported basis.