Carlisle Q2 revenue beats estimates; record sales lift FY outlook

Carlisle Companies Incorporated

29/07/2026 21:31

Overview
US building envelope supplier's Q2 revenue rose 8% yr/yr, beating analyst expectations
Adjusted EPS for Q2 rose 12% yr/yr to a record $7.03
Company repurchased $250 mln in shares, raising 2026 buyback target to $1.2 bln

Outlook
Carlisle raises FY 2026 revenue outlook to mid-single-digit percentage growth
Company expects FY 2026 adjusted EBITDA margin to remain flat
Carlisle says pricing actions to offset cost inflation will benefit H2 2026 and 2027

Result Drivers
VOLUME GROWTH & RE-ROOFING DEMAND - Co said record revenue was driven by above-market volume growth from strategic initiatives and solid re-roofing demand
RAW MATERIAL & FREIGHT COSTS - Co said elevated input costs outpaced pricing realization, pressuring margins despite operational efficiency initiatives
CUSTOMER PRE-BUYING - Co cited customer pre-buying ahead of announced price increases as a contributor to Q2 revenue

Company press release: ID:nBwbdLxHfa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$1.57 bln
$1.48 bln (10 Analysts)
Q2 EPS
 
$6.36
 
Q2 Net Income
 
$255.20 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "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 $415.00, about 19.3% above its July 28 closing price of $347.72
The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 16 three months ago

Reuters Recommended Reads
July 29 - Home improvement firm Masco misses quarterly sales estimates as demand remains weak
July 28 - PPG Q2 revenue beats estimates on strength in aerospace, Latin America coatings businesses

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(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.)