$1.05 EPS Expected for Carlisle Companies, Inc. (NYSE:CSL) This Quarter
Brokerages expect Carlisle Companies, Inc. (NYSE:CSL) to announce earnings of $1.05 per share for the current quarter, according to Zacks. Three analysts have provided estimates for Carlisle Companies’ earnings, with the lowest EPS estimate coming in at $0.97 and the highest estimate coming in at $1.12. Carlisle Companies reported earnings of $2.62 per share in the same quarter last year, which suggests a negative year-over-year growth rate of 59.9%. The business is expected to report its next quarterly earnings results after the market closes on Tuesday, July 21st.
According to Zacks, analysts expect that Carlisle Companies will report full year earnings of $5.81 per share for the current year, with EPS estimates ranging from $5.18 to $6.45. For the next fiscal year, analysts expect that the business will post earnings of $7.45 per share, with EPS estimates ranging from $6.75 to $8.05. Zacks’ EPS calculations are a mean average based on a survey of sell-side research firms that follow Carlisle Companies.
Carlisle Companies (NYSE:CSL) last announced its earnings results on Tuesday, April 21st. The conglomerate reported $1.09 earnings per share for the quarter, topping analysts’ consensus estimates of $1.01 by $0.08. Carlisle Companies had a net margin of 9.54% and a return on equity of 17.88%. The business had revenue of $1.03 billion during the quarter, compared to the consensus estimate of $1.04 billion. During the same quarter last year, the firm earned $1.33 earnings per share. Carlisle Companies’s quarterly revenue was down 3.9% on a year-over-year basis.
CSL traded up $2.66 during midday trading on Monday, hitting $118.94. The company had a trading volume of 383,300 shares, compared to its average volume of 508,212. Carlisle Companies has a 52 week low of $97.55 and a 52 week high of $169.86. The company has a quick ratio of 3.40, a current ratio of 4.33 and a debt-to-equity ratio of 1.02. The company has a market capitalization of $6.38 billion, a price-to-earnings ratio of 15.02, a PEG ratio of 1.29 and a beta of 0.83. The stock’s 50 day moving average price is $120.76 and its 200 day moving average price is $136.69.
Large investors have recently bought and sold shares of the company. Fred Alger Management LLC bought a new stake in shares of Carlisle Companies during the fourth quarter worth about $33,000. Archer Investment Corp bought a new position in shares of Carlisle Companies in the 4th quarter worth $33,000. Chevy Chase Trust Holdings Inc. bought a new position in shares of Carlisle Companies in the 4th quarter worth $61,000. TFG Advisers LLC bought a new position in shares of Carlisle Companies in the 4th quarter worth $66,000. Finally, Assetmark Inc. bought a new position in shares of Carlisle Companies in the 4th quarter worth $87,000. 89.04% of the stock is owned by institutional investors.
About Carlisle Companies
Carlisle Companies Incorporated operates as a diversified manufacturing company. It operates through four segments: Carlisle Construction Materials, Carlisle Interconnect Technologies, Carlisle Fluid Technologies, and Carlisle Brake & Friction. The Carlisle Construction Materials segment offers thermoplastic polyolefin, ethylene propylene diene monomer rubber, and polyvinyl chloride roofing membranes that are used on non-residential low-sloped roofs; roofing accessories, such as flashings, fasteners, sealing tapes, coatings, and waterproofing products; rigid foam insulation panels for roofing applications; and specialty polyurethane products and solutions for various markets and applications.
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