For the quarter ended September 2023, Carlisle (CSL - Free Report) reported revenue of $1.26 billion, down 29.8% over the same period last year. EPS came in at $4.68, compared to $5.66 in the year-ago quarter.
The reported revenue represents a surprise of -1.04% over the Zacks Consensus Estimate of $1.27 billion. With the consensus EPS estimate being $4.57, the EPS surprise was +2.41%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Carlisle performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Revenues- Carlisle Construction Materials (CCM): $1.09 billion versus the three-analyst average estimate of $968.45 million. The reported number represents a year-over-year change of 0%.
- Revenues- Carlisle Weatherproofing Technologies (CWT): $406.70 million versus $365 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a 0% change.
- Adjusted EBIT- Carlisle Construction Materials (CCM): $289.40 million versus the three-analyst average estimate of $280.35 million.
- Adjusted EBIT- Corporate and unallocated: -$30.50 million versus the three-analyst average estimate of -$37.02 million.
- Adjusted EBIT- Carlisle Weatherproofing Technologies (CWT): $80.80 million versus $60.35 million estimated by three analysts on average.
View all Key Company Metrics for Carlisle here>>>Shares of Carlisle have returned -7% over the past month versus the Zacks S&P 500 composite's -3.4% change. The stock currently has a Zacks Rank #5 (Strong Sell), indicating that it could underperform the broader market in the near term.
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For the quarter ended September 2023, Carlisle (CSL - Free Report) reported revenue of $1.26 billion, down 29.8% over the same period last year. EPS came in at $4.68, compared to $5.66 in the year-ago quarter.
The reported revenue represents a surprise of -1.04% over the Zacks Consensus Estimate of $1.27 billion. With the consensus EPS estimate being $4.57, the EPS surprise was +2.41%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Carlisle performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Revenues- Carlisle Construction Materials (CCM): $1.09 billion versus the three-analyst average estimate of $968.45 million. The reported number represents a year-over-year change of 0%.
- Revenues- Carlisle Weatherproofing Technologies (CWT): $406.70 million versus $365 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a 0% change.
- Adjusted EBIT- Carlisle Construction Materials (CCM): $289.40 million versus the three-analyst average estimate of $280.35 million.
- Adjusted EBIT- Corporate and unallocated: -$30.50 million versus the three-analyst average estimate of -$37.02 million.
- Adjusted EBIT- Carlisle Weatherproofing Technologies (CWT): $80.80 million versus $60.35 million estimated by three analysts on average.
View all Key Company Metrics for Carlisle here>>>Shares of Carlisle have returned -7% over the past month versus the Zacks S&P 500 composite's -3.4% change. The stock currently has a Zacks Rank #5 (Strong Sell), indicating that it could underperform the broader market in the near term.
Infrastructure Stock Boom to Sweep America
A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made.
The only question is “Will you get into the right stocks early when their growth potential is greatest?”
Zacks has released a Special Report to help you do just that, and today it’s free. Discover 5 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.
Download FREE: How To Profit From Trillions On Spending For Infrastructure >>
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