Subtext

Allegion plc ALLE

SectorIndustrials
Transcripts45
Date range2014-05-01 – 2025-04-24
Calls charted45

Sentiment timeline

Net Loughran-McDonald sentiment per call (×1000), earliest → latest.

-23-11+0+11+232014 Q12015 Q32017 Q12018 Q32020 Q12021 Q32023 Q12024 Q32014 Q1 · Overall: +9.52014 Q2 · Overall: +11.22014 Q3 · Overall: +14.32014 Q4 · Overall: +7.72015 Q1 · Overall: +7.72015 Q2 · Overall: +14.32015 Q3 · Overall: +6.92015 Q4 · Overall: +11.42016 Q1 · Overall: +14.82016 Q2 · Overall: +10.72016 Q3 · Overall: +9.32016 Q4 · Overall: +17.12017 Q1 · Overall: +13.62017 Q2 · Overall: +16.02017 Q3 · Overall: +12.02017 Q4 · Overall: +19.72018 Q1 · Overall: +11.12018 Q2 · Overall: +9.12018 Q3 · Overall: +19.42018 Q4 · Overall: +11.02019 Q1 · Overall: +15.22019 Q2 · Overall: +11.52019 Q3 · Overall: +15.82019 Q4 · Overall: +4.62020 Q1 · Overall: +5.12020 Q2 · Overall: +3.02020 Q3 · Overall: +10.42020 Q4 · Overall: +5.22021 Q1 · Overall: +11.72021 Q2 · Overall: +8.12021 Q3 · Overall: +5.62021 Q4 · Overall: +10.92022 Q1 · Overall: +14.62022 Q2 · Overall: +13.42022 Q3 · Overall: +16.02022 Q4 · Overall: +11.72023 Q1 · Overall: +16.02023 Q2 · Overall: +13.12023 Q3 · Overall: +7.52023 Q4 · Overall: +8.42024 Q1 · Overall: -0.92024 Q2 · Overall: +14.52024 Q3 · Overall: +12.52024 Q4 · Overall: +12.52025 Q1 · Overall: +6.6
Overall

CEO vs CFO

Average sentiment of each executive's remarks per call. Divergence is a signal.

-56-28+0+28+562014 Q12015 Q32017 Q12018 Q32020 Q12021 Q32023 Q12024 Q32014 Q1 · CEO: +32.92014 Q2 · CEO: +17.22014 Q3 · CEO: +19.42014 Q4 · CEO: +8.72015 Q1 · CEO: +21.22015 Q2 · CEO: +20.12015 Q3 · CEO: +17.72016 Q3 · CEO: +17.42016 Q4 · CEO: +24.22017 Q1 · CEO: +20.92017 Q2 · CEO: +24.42017 Q3 · CEO: +16.02017 Q4 · CEO: +28.32018 Q1 · CEO: +17.92018 Q2 · CEO: +16.32018 Q3 · CEO: +27.02018 Q4 · CEO: +18.62019 Q1 · CEO: +27.12019 Q2 · CEO: +16.62019 Q3 · CEO: +26.32019 Q4 · CEO: +15.42020 Q1 · CEO: +13.12020 Q2 · CEO: -1.12020 Q3 · CEO: +14.42020 Q4 · CEO: +12.32021 Q1 · CEO: +17.32021 Q2 · CEO: +13.82021 Q3 · CEO: +18.52021 Q4 · CEO: +15.62022 Q1 · CEO: +23.72022 Q2 · CEO: +48.32022 Q4 · CEO: +19.52023 Q1 · CEO: +25.22023 Q2 · CEO: +17.32023 Q3 · CEO: +11.72023 Q4 · CEO: +12.12024 Q1 · CEO: +23.12024 Q2 · CEO: +18.42024 Q3 · CEO: +18.52024 Q4 · CEO: +18.72025 Q1 · CEO: +8.62014 Q1 · CFO: +12.72014 Q2 · CFO: +15.62014 Q3 · CFO: +14.12014 Q4 · CFO: +14.32015 Q1 · CFO: +6.22015 Q2 · CFO: +11.62015 Q3 · CFO: +4.22016 Q3 · CFO: +9.42016 Q4 · CFO: +20.32017 Q1 · CFO: +16.12017 Q2 · CFO: +20.12017 Q3 · CFO: +20.22017 Q4 · CFO: +20.72018 Q1 · CFO: +13.32018 Q2 · CFO: +11.12018 Q3 · CFO: +24.22018 Q4 · CFO: +17.22019 Q1 · CFO: +13.12019 Q2 · CFO: +13.32019 Q3 · CFO: +14.02019 Q4 · CFO: -7.52020 Q1 · CFO: +0.62020 Q2 · CFO: -14.12020 Q3 · CFO: +9.22020 Q4 · CFO: -2.12021 Q1 · CFO: +10.12021 Q2 · CFO: +8.22021 Q3 · CFO: +1.12021 Q4 · CFO: +9.92022 Q1 · CFO: +15.62022 Q2 · CFO: +8.02022 Q3 · CFO: +19.42022 Q4 · CFO: +13.02023 Q1 · CFO: +12.12023 Q2 · CFO: +18.02023 Q3 · CFO: +6.32023 Q4 · CFO: +11.12024 Q1 · CFO: -29.92024 Q2 · CFO: +15.62024 Q3 · CFO: +14.92024 Q4 · CFO: +17.02025 Q1 · CFO: +6.8
CEOCFO

Prepared remarks vs Q&A

Scripted tone vs unscripted answers. The gap is information.

-35-17+0+17+352014 Q12015 Q32017 Q12018 Q32020 Q12021 Q32023 Q12024 Q32014 Q1 · Prepared remarks: +13.92014 Q2 · Prepared remarks: +12.32014 Q3 · Prepared remarks: +16.22014 Q4 · Prepared remarks: +7.42015 Q1 · Prepared remarks: +5.42015 Q2 · Prepared remarks: +15.02015 Q3 · Prepared remarks: +4.62015 Q4 · Prepared remarks: +15.72016 Q1 · Prepared remarks: +18.82016 Q2 · Prepared remarks: +19.32016 Q3 · Prepared remarks: +7.92016 Q4 · Prepared remarks: +14.82017 Q1 · Prepared remarks: +18.72017 Q2 · Prepared remarks: +20.22017 Q3 · Prepared remarks: +17.22017 Q4 · Prepared remarks: +23.92018 Q1 · Prepared remarks: +10.52018 Q2 · Prepared remarks: +12.32018 Q3 · Prepared remarks: +17.42018 Q4 · Prepared remarks: +16.42019 Q1 · Prepared remarks: +17.02019 Q2 · Prepared remarks: +9.52019 Q3 · Prepared remarks: +16.72019 Q4 · Prepared remarks: +3.42020 Q1 · Prepared remarks: +2.92020 Q2 · Prepared remarks: -5.42020 Q3 · Prepared remarks: +7.12020 Q4 · Prepared remarks: +5.02021 Q1 · Prepared remarks: +17.92021 Q2 · Prepared remarks: +14.62021 Q3 · Prepared remarks: +14.82021 Q4 · Prepared remarks: +9.72022 Q1 · Prepared remarks: +14.82022 Q2 · Prepared remarks: +15.62022 Q3 · Prepared remarks: +16.62022 Q4 · Prepared remarks: +14.82023 Q1 · Prepared remarks: +21.92023 Q2 · Prepared remarks: +19.92023 Q3 · Prepared remarks: +15.12023 Q4 · Prepared remarks: +13.72024 Q1 · Prepared remarks: +18.12024 Q2 · Prepared remarks: +25.62024 Q3 · Prepared remarks: +18.42024 Q4 · Prepared remarks: +19.22025 Q1 · Prepared remarks: +16.02014 Q1 · Q&A responses: +21.52014 Q2 · Q&A responses: +19.22014 Q3 · Q&A responses: +17.12014 Q4 · Q&A responses: +15.62015 Q1 · Q&A responses: +20.72015 Q2 · Q&A responses: +18.42015 Q3 · Q&A responses: +15.22015 Q4 · Q&A responses: +13.42016 Q1 · Q&A responses: +18.92016 Q2 · Q&A responses: +8.72016 Q3 · Q&A responses: +16.82016 Q4 · Q&A responses: +28.42017 Q1 · Q&A responses: +18.32017 Q2 · Q&A responses: +22.42017 Q3 · Q&A responses: +15.82017 Q4 · Q&A responses: +26.82018 Q1 · Q&A responses: +19.72018 Q2 · Q&A responses: +13.92018 Q3 · Q&A responses: +30.22018 Q4 · Q&A responses: +17.22019 Q1 · Q&A responses: +24.72019 Q2 · Q&A responses: +18.32019 Q3 · Q&A responses: +25.52019 Q4 · Q&A responses: +9.12020 Q1 · Q&A responses: +10.92020 Q2 · Q&A responses: +11.12020 Q3 · Q&A responses: +18.42020 Q4 · Q&A responses: +9.92021 Q1 · Q&A responses: +11.82021 Q2 · Q&A responses: +10.12021 Q3 · Q&A responses: +10.42021 Q4 · Q&A responses: +16.02022 Q1 · Q&A responses: +22.82022 Q2 · Q&A responses: +16.82022 Q3 · Q&A responses: +19.22022 Q4 · Q&A responses: +16.02023 Q1 · Q&A responses: +15.62023 Q2 · Q&A responses: +15.52023 Q3 · Q&A responses: +4.72023 Q4 · Q&A responses: +9.02024 Q1 · Q&A responses: -8.02024 Q2 · Q&A responses: +9.22024 Q3 · Q&A responses: +10.52024 Q4 · Q&A responses: +13.72025 Q1 · Q&A responses: +1.5
Prepared remarksQ&A responses

Tone vs forward expectations

Management tone next to Wall Street's forward-looking numbers (glopardo): the 12-month forward EPS estimate and the forward P/E per call.

Forward EPS estimate

$2.10$5.06$8.022014 Q12015 Q32017 Q12018 Q32020 Q12021 Q32023 Q12024 Q32014 Q1: $2.512014 Q2: $2.682014 Q3: $2.762014 Q4: $2.972015 Q1: $2.912015 Q2: $3.082015 Q3: $3.262015 Q4: $3.402016 Q1: $3.462016 Q2: $3.582016 Q3: $3.682016 Q4: $3.722017 Q1: $3.792017 Q2: $3.932017 Q3: $4.062017 Q4: $4.202018 Q1: $4.582018 Q2: $4.672018 Q3: $4.782018 Q4: $4.962019 Q1: $4.972019 Q2: $5.082019 Q3: $5.162019 Q4: $5.312020 Q1: $5.212020 Q2: $4.282020 Q3: $4.342020 Q4: $4.732021 Q1: $4.942021 Q2: $5.452021 Q3: $5.862021 Q4: $5.732022 Q1: $5.882022 Q2: $6.042022 Q3: $5.892022 Q4: $6.052023 Q1: $6.512023 Q2: $6.902023 Q3: $7.032023 Q4: $7.072024 Q1: $7.192024 Q2: $7.332024 Q3: $7.61

Forward P/E

14.1820.2826.372014 Q12015 Q32017 Q12018 Q32020 Q12021 Q32023 Q12024 Q32014 Q1: 21.212014 Q2: 21.402014 Q3: 18.502014 Q4: 18.222015 Q1: 20.552015 Q2: 19.892015 Q3: 18.972015 Q4: 19.552016 Q1: 18.452016 Q2: 19.012016 Q3: 17.952016 Q4: 17.592017 Q1: 19.782017 Q2: 20.292017 Q3: 20.162017 Q4: 19.682018 Q1: 18.662018 Q2: 17.302018 Q3: 18.972018 Q4: 16.532019 Q1: 18.042019 Q2: 21.092019 Q3: 19.832019 Q4: 23.282020 Q1: 18.552020 Q2: 24.362020 Q3: 23.912020 Q4: 23.512021 Q1: 24.822021 Q2: 25.532021 Q3: 24.102021 Q4: 22.752022 Q1: 19.822022 Q2: 16.682022 Q3: 16.142022 Q4: 18.142023 Q1: 15.952023 Q2: 16.922023 Q3: 15.022023 Q4: 15.742024 Q1: 18.462024 Q2: 15.922024 Q3: 18.85

Divergence watch ⚑

Quarters where tone and the forward EPS estimate moved opposite ways.

  • 2014 Q4 tone ↓ -6.6 fwd EPS ↑ +0.21 Tone cooled even as the forward EPS estimate rose.
  • 2015 Q3 tone ↓ -7.4 fwd EPS ↑ +0.18 Tone cooled even as the forward EPS estimate rose.
  • 2016 Q2 tone ↓ -4.1 fwd EPS ↑ +0.13 Tone cooled even as the forward EPS estimate rose.
  • 2017 Q1 tone ↓ -3.4 fwd EPS ↑ +0.07 Tone cooled even as the forward EPS estimate rose.
  • 2017 Q3 tone ↓ -4.0 fwd EPS ↑ +0.13 Tone cooled even as the forward EPS estimate rose.
  • 2018 Q1 tone ↓ -8.5 fwd EPS ↑ +0.38 Tone cooled even as the forward EPS estimate rose.
  • 2018 Q4 tone ↓ -8.4 fwd EPS ↑ +0.18 Tone cooled even as the forward EPS estimate rose.
  • 2019 Q2 tone ↓ -3.7 fwd EPS ↑ +0.11 Tone cooled even as the forward EPS estimate rose.
  • 2019 Q4 tone ↓ -11.3 fwd EPS ↑ +0.15 Tone cooled even as the forward EPS estimate rose.
  • 2020 Q4 tone ↓ -5.2 fwd EPS ↑ +0.39 Tone cooled even as the forward EPS estimate rose.
  • 2021 Q2 tone ↓ -3.6 fwd EPS ↑ +0.51 Tone cooled even as the forward EPS estimate rose.
  • 2021 Q3 tone ↓ -2.5 fwd EPS ↑ +0.41 Tone cooled even as the forward EPS estimate rose.
  • 2021 Q4 tone ↑ +5.3 fwd EPS ↓ -0.13 Tone rose while the forward EPS estimate was cut.
  • 2022 Q3 tone ↑ +2.6 fwd EPS ↓ -0.14 Tone rose while the forward EPS estimate was cut.
  • 2022 Q4 tone ↓ -4.3 fwd EPS ↑ +0.16 Tone cooled even as the forward EPS estimate rose.
  • 2023 Q2 tone ↓ -2.9 fwd EPS ↑ +0.39 Tone cooled even as the forward EPS estimate rose.
  • 2023 Q3 tone ↓ -5.6 fwd EPS ↑ +0.13 Tone cooled even as the forward EPS estimate rose.
  • 2024 Q1 tone ↓ -9.3 fwd EPS ↑ +0.12 Tone cooled even as the forward EPS estimate rose.
  • 2024 Q3 tone ↓ -2.0 fwd EPS ↑ +0.28 Tone cooled even as the forward EPS estimate rose.

Recent transcripts

CallDateSentiment ×1000Fwd EPSFwd P/E
2025 Q12025-04-24+6.6——View →
2024 Q42025-02-18+12.5——View →
2024 Q32024-10-24+12.5$7.6118.9View →
2024 Q22024-07-24+14.5$7.3315.9View →
2024 Q12024-04-25-0.9$7.1918.5View →
2023 Q42024-02-20+8.4$7.0715.7View →
2023 Q32023-10-31+7.5$7.0315.0View →
2023 Q22023-07-26+13.1$6.9016.9View →