- Carlisle reported revenue of $1.10 billion for the first quarter, marking a flat year-over-year performance.
- Carlisle Construction Materials had revenue of $798.5 million, a 1.9% increase compared to the previous year, surpassing the estimated $775.6 million.
- Revenue from Carlisle Weatherproofing Technologies was $297.3 million, which represents a 5% decrease, and fell short of the estimated $312.9 million.
- Operating income for Carlisle Construction Materials was $194.8 million, down 7.8% year-over-year but above the estimate of $189.5 million.
- Carlisle Weatherproofing Technologies reported an operating income of $16.2 million, which is a 62% decrease year-over-year, and below the estimate of $29.2 million.
- The adjusted EBITDA for the quarter stood at $238.4 million, a decline of 10% year-over-year, but slightly exceeding the estimate of $237.9 million.
- The company recorded a net income of $143.3 million, a 25% decrease from last year, though higher than the projected $140.3 million.
- The quarter saw a negative free cash flow from continuing operations at $30.4 million, contrasting with a positive $132.0 million from the previous year.
- Carlisle’s capital expenditure was $29.0 million, a reduction of 11% from the prior year, below the dual estimates of $34 million.
- Operating income totaled $183.6 million, an 18% decline year-over-year, and under the estimated $188.3 million.
- The adjusted EPS was reported at $3.61, compared to $3.72 year-over-year, surpassing the estimate of $3.48.
- The company remarked on minimal tariff impact due to sourcing over 90% of raw materials and sales in North America.
- Positive weather conditions in March contributed to ongoing positive momentum at the start of the U.S. summer construction season.
- Current inventory levels are lower than normal, influenced by higher carrying costs and economic uncertainty.
- Market analysts provided 5 buy ratings, 4 hold ratings, and no sell ratings for the company.
“`
A look at Carlisle Cos Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 5 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Carlisle Companies Incorporated has a promising long-term outlook as indicated by its Smartkarma Smart Scores. With a strong focus on growth, resilience, and momentum, the company is positioned well for future success. Carlisle’s high scores in Growth and Resilience reflect its ability to expand and adapt in various market conditions, showcasing its potential for sustainable development. Furthermore, the company’s Momentum score highlights its current positive market sentiment and indicates a potential for continued investor interest. Though Carlisle has room for improvement in terms of its Value and Dividend scores, its overall performance in key areas suggests a positive trajectory for the company in the long run.
As a manufacturer and distributor of construction materials, transportation products, and general industry goods, Carlisle Companies Incorporated serves a wide range of industries including roofing, construction, trucking, food-service, and aircraft manufacturing. With a diverse product portfolio catering to different sectors, the company demonstrates resilience and adaptability in its operations. By leveraging its strong growth potential and maintaining positive momentum, Carlisle is poised to capitalize on opportunities for expansion and further establish its presence in the market. Investors may find the company’s focus on growth and its ability to navigate challenges reassuring, laying a solid foundation for long-term success.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
