Carlisle Stock Price, News & Analysis

Carlisle Companies (NYSE:CSL) will announce its Q1 2021 financial results on April 22, 2021, after market close. A conference call is set for 5 PM ET on the same day to discuss these results, accessible via webcast or telephone. The company focuses on generating shareholder returns through strategic investments and acquisitions, as outlined in its Vision 2025 strategy. In 2020, Carlisle generated $4.2 billion in revenues.

Carlisle Companies (NYSE: CSL) announced the promotion of Kelly P. Kamienski to Vice President and Controller, and Titus B. Ball to Vice President, Finance for Carlisle Fluid Technologies. Chairman Chris Koch highlighted their exceptional contributions and potential for further growth as part of Carlisle's Vision 2025 strategy. Kamienski, with a strong background in accounting, will enhance financial reporting and controls, while Ball brings a decade of experience to drive progress toward a 20% long-term margin goal in his segment.

Carlisle Companies (NYSE:CSL) reported fourth quarter 2020 revenues of $1.1 billion, a 7% decline from 2019. CCM's sales rose 0.9%, showing positive growth driven by commercial roofing. Operating cash flow remained strong at $697 million with free cash flow at $601 million, akin to 2019 levels. Despite challenging market conditions, the company executed share repurchases of 3 million shares for $382 million in the year. Operating income fell 20.9% to $111.8 million, impacted by volume declines. Looking ahead, Carlisle remains optimistic about growth opportunities in 2021, targeting $15 EPS under their Vision 2025.

The Board of Directors of Carlisle Companies Incorporated (NYSE:CSL) has declared a dividend of $0.525 per share. This dividend is payable on March 1, 2021 to shareholders of record as of February 19, 2021. Carlisle, a global leader in manufacturing engineered products across diverse sectors, generated approximately $4.8 billion in revenue in 2019. The company is focused on delivering superior shareholder returns through its Vision 2025 strategy.

The Board of Directors of Carlisle Companies (NYSE:CSL) announced a new share repurchase program, allowing the buyback of up to 5 million shares of common stock. This program is set to run indefinitely or until terminated by the Board. This authorization supplements the remaining 2 million shares from a previous buyback plan initiated in February 2019. The repurchased shares will be acquired from the open market at prevailing prices or through negotiated transactions.

Carlisle Companies (NYSE:CSL) will announce its fourth quarter 2020 results on February 4, 2021, after market close. A conference call to discuss these results is scheduled for the same day at 5 PM ET, accessible via telephone or webcast. The call aims to provide insights into the company’s financial performance, aligning with its strategic plan, Vision 2025, which focuses on delivering superior shareholder returns. Carlisle generated $4.8 billion in revenues in 2019 and operates in various markets, including commercial roofing and medical technologies.

Carlisle Companies (NYSE:CSL) announces the promotion of Lori A. Snyder to Vice President of Human Resources and the relocation of Amelia Z. Murillo to a senior finance position. Chris Koch, CEO, praised Lori's proven leadership at Carlisle Construction Materials and expressed confidence in her ability to enhance HR practices. Amelia, who previously led talent management, will further her career development in finance. These changes align with Carlisle's Vision 2025 objectives, emphasizing the company's commitment to nurturing internal talent for operational excellence.