Carlisle Companies Q2 2024 Adj EPS $6.24 Beats $5.97 Estimate, Sales $1.50B Beat $1.45B Estimate
Portfolio Pulse from Benzinga Newsdesk
Carlisle Companies (NYSE:CSL) reported Q2 2024 adjusted EPS of $6.24, beating the estimate of $5.97. Sales were $1.50 billion, surpassing the $1.45 billion estimate but down 1.70% from last year's $1.53 billion.
July 24, 2024 | 8:08 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Carlisle Companies reported better-than-expected Q2 2024 earnings and sales, with EPS of $6.24 beating estimates by 4.52% and sales of $1.50 billion surpassing estimates by 3.65%. However, sales were down 1.70% year-over-year.
The better-than-expected EPS and sales figures are likely to positively impact CSL's stock price in the short term. However, the year-over-year decline in sales may temper some of the enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100