Carlisle Q1 revenue falls, slightly misses estimates

Carlisle Companies

23/04/2026 21:21

Overview

US building envelope supplier's Q1 revenue fell 4%, slightly missing analyst expectations

Adjusted EPS rose 1% year-over-year to $3.63

Company repurchased $250 mln of shares, maintaining $1 bln buyback target for 2026

Outlook

Company reaffirms FY 2026 revenue growth of low-single-digit percentage

Company expects FY 2026 adjusted EBITDA margin to expand by about 50 basis points

Carlisle says macroeconomic uncertainty and geopolitical conflicts could weigh on new construction market

Result Drivers

WEATHER IMPACT - Co said unfavorable winter weather constrained contractor activity and shipment timing, weighing on volumes

NEW CONSTRUCTION SOFTNESS - Co cited ongoing softness in commercial and residential new construction markets as a drag on volumes

COST INFLATION RESPONSE - Co responded to oil-driven raw material cost inflation with price increases and higher freight surcharges

Company press release: ID:nBw6TQQwfa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Slight Miss*
$1.05 bln
$1.06 bln (9 Analysts)
Q1 EPS
$3.10
Q1 Net Income
$127.70 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the construction supplies & fixtures peer group is "buy"

Wall Street's median 12-month price target for Carlisle Companies Inc is $402.00, about 13.7% above its April 22 closing price of $353.50

The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 15 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)