Allegion PLC (ALLE), a leading global security products company, saw its stock plummet 5.12% in intraday trading on Tuesday, despite reporting better-than-expected Q4 2024 earnings results. The company's shares faced selling pressure despite the strong financial performance, potentially due to concerns over the challenges faced in its International segment.

In the fourth quarter, Allegion reported an adjusted earnings per share (EPS) of $1.86, surpassing analyst estimates of $1.75. The company's revenue reached $945.6 million, exceeding expectations of $938.59 million, driven by price realization and volume growth, particularly in the Americas region. However, the International segment experienced a 0.7% organic revenue decline and a 100-basis-point decrease in adjusted operating margin to 15.8%.

While Allegion's overall operating margin improved to 19.5%, and its available cash flow increased by 12.9%, the challenges faced in its International operations, coupled with potential currency headwinds, may have raised concerns among investors regarding the company's future growth prospects. Nonetheless, Allegion's management remains confident, projecting a 1% to 3% increase in full-year 2025 revenues and an adjusted EPS range of $7.65 to $7.85.