$1.02 EPS Expected for Carlisle Companies, Inc. (CSL) This Quarter
Analysts expect Carlisle Companies, Inc. (NYSE:CSL) to announce earnings per share (EPS) of $1.02 for the current quarter, Zacks reports. Four analysts have issued estimates for Carlisle Companies’ earnings, with the lowest EPS estimate coming in at $0.84 and the highest estimate coming in at $1.15. Carlisle Companies reported earnings of $1.32 per share during the same quarter last year, which suggests a negative year over year growth rate of 22.7%. The firm is scheduled to announce its next quarterly earnings report on Thursday, February 8th.
On average, analysts expect that Carlisle Companies will report full-year earnings of $4.92 per share for the current financial year, with EPS estimates ranging from $4.73 to $5.05. For the next fiscal year, analysts anticipate that the business will post earnings of $6.00 per share, with EPS estimates ranging from $5.88 to $6.27. Zacks’ earnings per share averages are a mean average based on a survey of sell-side research firms that that provide coverage for Carlisle Companies.
Carlisle Companies (NYSE:CSL) last posted its quarterly earnings data on Tuesday, October 24th. The conglomerate reported $1.37 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.35 by $0.02. Carlisle Companies had a return on equity of 14.11% and a net margin of 8.35%. The firm had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.05 billion. During the same period in the previous year, the firm earned $1.74 EPS. The business’s quarterly revenue was up 9.9% on a year-over-year basis.
Shares of Carlisle Companies (NYSE:CSL) traded up $0.18 during midday trading on Friday, hitting $113.65. The stock had a trading volume of 274,354 shares, compared to its average volume of 262,770. Carlisle Companies has a twelve month low of $92.09 and a twelve month high of $116.53. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.14 and a quick ratio of 1.43. The firm has a market capitalization of $7,045.39, a PE ratio of 22.50, a PEG ratio of 1.45 and a beta of 0.88.
The firm also recently declared a quarterly dividend, which was paid on Friday, December 1st. Shareholders of record on Friday, November 17th were issued a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 1.30%. The ex-dividend date of this dividend was Thursday, November 16th. Carlisle Companies’s dividend payout ratio (DPR) is 29.31%.
A number of hedge funds and other institutional investors have recently made changes to their positions in CSL. Cetera Investment Advisers acquired a new position in Carlisle Companies during the 2nd quarter worth approximately $256,000. HGK Asset Management Inc. acquired a new stake in shares of Carlisle Companies in the 2nd quarter worth approximately $8,008,000. Schroder Investment Management Group grew its holdings in shares of Carlisle Companies by 42.8% in the 2nd quarter. Schroder Investment Management Group now owns 1,277,655 shares of the conglomerate’s stock worth $120,202,000 after acquiring an additional 383,088 shares during the period. Seven Eight Capital LP acquired a new stake in shares of Carlisle Companies in the 2nd quarter worth approximately $2,929,000. Finally, AMP Capital Investors Ltd grew its holdings in shares of Carlisle Companies by 45.7% in the 3rd quarter. AMP Capital Investors Ltd now owns 15,100 shares of the conglomerate’s stock worth $1,514,000 after acquiring an additional 4,736 shares during the period. 88.91% of the stock is owned by institutional investors.
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Carlisle Companies Company Profile
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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