Market Overview

Earnings Outlook for Carlisle Companies

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Carlisle Companies (NYSE: CSL) will be releasing its next round of earnings this Tuesday, October 20. For all of the relevant information, here is your guide for Tuesday's Q3 earnings announcement.

Earnings and Revenue

Carlisle Companies EPS is expected to be around $1.68, according to sell-side analysts. Sales will likely be near $1.12 billion. In the same quarter last year, Carlisle Companies reported EPS of $2.49 on revenue of $1.28 billion. The Wall Street estimate would represent a 32.53% decline in the company's earnings. Sales would be down 12.57% on a year-over-year basis. Carlisle Companies's reported EPS has stacked up against analyst estimates in the past like this:

Quarter Q2 2020 Q1 2020 Q4 2020 Q3 2019
EPS Estimate 1.25 1.01 1.62 2.29
EPS Actual 1.36 1.09 1.81 2.42
Revenue Estimate 994.15 M 1.04 B 1.13 B 1.29 B
Revenue Actual 1.02 B 1.03 B 1.14 B 1.28 B

Stock Performance

Over the last 52-week period, shares are down 11.78%. Given that these returns are generally negative, long-term shareholders won't be happy going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Carlisle Companies is scheduled to hold the call at 17:00:00 ET and can be accessed here: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Fwww.carlisle.com%2F&eventid=2633770&sessionid=1&key=A7EDAFFEE607548FDF0B1512DB34AEF6&regTag=&sourcepage=register

 

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