Carlisle Companies (CSL) Releases Earnings Results, Beats Expectations By $0.23 EPS

Carlisle Companies (CSL) reported quarterly earnings results on Wednesday, Apr-27-2016. The company said it had a profit of $1.05 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.23. Analysts had a consensus of $0.82. The company posted revenue of $794.00 million in the period, compared to analysts expectations of $780.84 million. The company’s revenue was up 11.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.59 EPS.

Carlisle Companies closed down -1.03 points or -1.01% at $100.67 with 7,28,850 shares getting traded on Friday. Post opening the session at $102.02, the shares hit an intraday low of $100.56 and an intraday high of $102.17 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

In a different news, on Feb 18, 2016, D Christian Koch (CEO & President) sold 14,988 shares at $87.09 per share price. According to the SEC, on Feb 11, 2016, Steven J Ford (V.P., Chief Financial Officer) sold 37,507 shares at $86.10 per share price. On Nov 20, 2015, John E Berlin (President, CIT) sold 11,575 shares at $85.92 per share price, according to the Form-4 filing with the securities and exchange commission.

Carlisle Companies Incorporated (Carlisle) is a holding company for Carlisle Corporation and its wholly-owned subsidiaries. Carlisle is a diversified manufacturing company. The Company operates through four segments.. The Carlisle Construction Materials segment manufactures and sells rubber thermoplastic polyolefin and polyvinyl chloride membrane roofing systems. The Carlisle Interconnect Technologies segment designs and manufactures wire cable connectors contacts and cable assemblies for the transfer of power and data for the aerospace medical defense electronics test and measurement equipment. The Carlisle Brake & Friction segment’s products include brakes and friction material and clutch and transmission friction material. The Carlisle FoodService Products segment is a manufacturer distributor and seller of commercial foodservice and janitorial products.

Carlisle Companies

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