Carlisle Companies Full Year 2024 Earnings: EPS Beats Expectations

Carlisle Companies (NYSE:CSL) Full Year 2024 Results

Key Financial Results

• Revenue: US$5.00b (up 9.1% from FY 2023).
• Net income: US$865.1m (up 21% from FY 2023).
• Profit margin: 17% (up from 16% in FY 2023). The increase in margin was driven by higher revenue.
• EPS: US$18.60 (up from US$14.38 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Carlisle Companies EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 48%.

The primary driver behind last 12 months revenue was the Carlisle Construction Materials (CCM) segment contributing a total revenue of US$3.70b (74% of total revenue). Notably, cost of sales worth US$3.12b amounted to 62% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to US$722.8m (71% of total expenses). Explore how CSL's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Building industry in the US.

Performance of the American Building industry.

The company's shares are down 12% from a week ago.

Valuation

Our analysis of these results suggests Carlisle Companies may be undervalued based on 6 important criteria we look at. You can access our in-depth analysis and discover what the outlook is like for the stock by clicking here.

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This article by Simply Wall St is general in nature. We provide commentary 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. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.