DUBLIN (AP) _ Allegion PLC (ALLE) on Thursday reported first-quarter net income of $400,000.

On a per-share basis, the Dublin-based company said it had profit of less than 1 cent. Earnings, adjusted for one-time gains and costs, came to $1.04 per share.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 91 cents per share.

The security device maker posted revenue of $674.7 million in the period.

Allegion shares have declined 26% since the beginning of the year, while the Standard & Poor's 500 index has decreased 13%. The stock has dropped almost 2% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ALLE at https://www.zacks.com/ap/ALLE

Automated Insights, source Associated Press News