Recap: Carlisle Companies Q2 Earnings

Shares of Carlisle Companies CSL rose 1.1% in after-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share were down 38.55% year over year to $1.61, which beat the estimate of $1.25.

Revenue of $1,024,000,000 declined by 22.13% from the same period last year, which beat the estimate of $994,150,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

Carlisle Companies hasn't issued any revenue guidance for the time being.

How To Listen To The Conference Call

Date: Jul 21, 2020

Time: 05:00 PM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Fwww.carlisle.com%2Finvestors%2Fevents-and-presentations%2Fdefault.aspx&eventid=2405895&sessionid=1&key=979747473835EFFF78BBDE9E053581DD&regTag=&sourcepage=register

Technicals

Company's 52-week high was at $169.86

Company's 52-week low was at $97.55

Price action over last quarter: Up 2.31%

Company Profile

Carlisle Companies Inc is a holding company, which through its subsidiaries, manufactures and sells a variety of rubber and plastic products. The company organizes itself into five segments based on the product type. The construction materials segment, which generates the majority of revenue, sells roofing systems and insulation. The interconnect technologies segment sells wires, cables, and connectors used to transfer power and data. The fluid technologies segment sells liquid finishing products used for vehicles and building construction. The brake and friction segment sells braking systems for aircraft and other industrial applications. The foodservice products segment sells commercial foodservice and janitorial products. The majority of revenue comes from the United States.