Carlisle Companies Incorporated (NYSE:CSL) diversified manufacturing outfit, is expected to report third quarter earnings results, after market close, on Tuesday 20th October 2020.
Analysts polled by Thomson Reuters anticipate third quarter income of $ 1.68 per share.
Looking ahead, the full year income are expected at $ 5.47 per share on the revenues of $ 4235.23 million.
Previous Quarter Performance
Carlisle Companies Incorporated disclosed income for the second quarter of $ 1.61 per share, from the revenue of $ 1,024.00 million. The quarterly earnings contracted 39.25 percent compared with the same quarter last year. According to street consensus, CSL was expected to report 2Q20 income of $ 1.10 per share from revenue of $ 1000.92 million. The bottom line results beat street analysts by $ 0.51 or 46.36 percent, at the same time, top line results outshined analysts by $ 23.08 million or 2.31 percent.
Stock Performance
Shares of Carlisle Companies Incorporated traded low $ -2.78 or -2.17 percent on Monday, reaching $ 125.45 with volume of 257.00 thousand shares. Carlisle Companies Incorporated has traded high as $ 128.46 and has cracked $ 124.01 on the downward trend
According to the previous trading day, closing price of $ 125.45, representing a 31.45 % increase from the 52 week low of $ 97.55 and a 24.51 % decrease over the 52 week high of $ 169.86.
The company has a market capital of $ 7.06 billion and is part of the Industrials sector and Conglomerates industry.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.525 per share on August 6, 2020. The dividend were payable on September 1, 2020 to holders of record as of the close of business on August 18, 2020 and ex-dividend date on August 17, 2020.
Conference Call
Carlisle Companies Incorporated will be hosting a conference call at 5:00 PM eastern time on 20th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.carlisle.com
Carlisle Companies Incorporated operates as a diversified manufacturing company. It operates through four segments: Carlisle Construction Materials, Carlisle Interconnect Technologies, Carlisle Fluid Technologies, and Carlisle Brake & Friction. The Carlisle Construction Materials segment offers thermoplastic polyolefin, ethylene propylene diene monomer rubber, and polyvinyl chloride roofing membranes that are used on non-residential low-sloped roofs; roofing accessories, such as flashings, fasteners, sealing tapes, coatings, and waterproofing products; rigid foam insulation panels for roofing applications; and specialty polyurethane products and solutions for various markets and applications.
