Carlisle Companies Inc CSL.N reported quarterly adjusted earnings of $6.27 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $6.24. The mean expectation of nine analysts for the quarter was for earnings of $6.64 per share. Wall Street expected results to range from $6.44 to $6.82 per share.
Revenue fell 0.1% to $1.45 billion from a year ago; analysts expected $1.49 billion.
Carlisle Companies Inc's reported EPS for the quarter was $5.88.
The company reported quarterly net income of $255.8 million.
Carlisle Companies Inc shares had risen by 13.6% this quarter and gained 15.0% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 0.4% in the last three months.
In the last 30 days, two analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the construction supplies & fixtures peer group is also "buy"
Wall Street's median 12-month price target for Carlisle Companies Inc is $460.00, about 10.7% above its last closing price of $410.57
This summary was machine generated from LSEG data July 30 at 09:01 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)