Carlisle Companies Incorporated (CSL) Set to Announce Quarterly Earnings on Tuesday
Carlisle Companies Incorporated (NYSE:CSL) will be issuing its quarterly earnings data after the market closes on Tuesday, October 24th. Analysts expect the company to announce earnings of $1.53 per share for the quarter.
Carlisle Companies (NYSE:CSL) last announced its earnings results on Tuesday, July 25th. The conglomerate reported $1.58 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.61 by ($0.03). Carlisle Companies had a return on equity of 15.18% and a net margin of 6.04%. The firm had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.06 billion. During the same period in the previous year, the firm earned $1.75 EPS. Carlisle Companies’s revenue for the quarter was up 7.5% on a year-over-year basis. On average, analysts expect Carlisle Companies to post $5.02 EPS for the current fiscal year and $6.06 EPS for the next fiscal year.
Shares of Carlisle Companies Incorporated (NYSE:CSL) opened at 99.63 on Tuesday. Carlisle Companies Incorporated has a one year low of $92.09 and a one year high of $116.40. The company has a market cap of $6.29 billion, a PE ratio of 28.16 and a beta of 0.79. The company’s 50-day moving average price is $98.24 and its 200 day moving average price is $99.26.
In other Carlisle Companies news, insider John E. Berlin sold 6,250 shares of the stock in a transaction on Wednesday, August 30th. The shares were sold at an average price of $94.31, for a total value of $589,437.50. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 2.12% of the company’s stock.
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Several brokerages recently weighed in on CSL. Robert W. Baird restated an “outperform” rating on shares of Carlisle Companies in a report on Monday, July 10th. Zacks Investment Research upgraded shares of Carlisle Companies from a “sell” rating to a “hold” rating in a report on Tuesday, September 26th. SunTrust Banks, Inc. reiterated a “buy” rating and issued a $120.00 target price on shares of Carlisle Companies in a report on Wednesday, October 4th. FBR & Co reiterated an “outperform” rating and issued a $125.00 target price on shares of Carlisle Companies in a report on Tuesday, July 11th. Finally, Buckingham Research initiated coverage on shares of Carlisle Companies in a report on Tuesday, September 5th. They issued a “buy” rating and a $115.00 target price on the stock. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $122.00.
About Carlisle Companies
Carlisle Companies Incorporated is a manufacturing company. The Company designs, manufactures and markets a range of products that serve a range of markets, including commercial roofing, energy, agriculture, mining, construction, aerospace and defense electronics, medical technology, transportation, general industrial, protective coatings, wood, auto refinishing, foodservice, and healthcare and sanitary maintenance.
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