Carlisle Stock Price, News & Analysis

Carlisle Companies Incorporated (NYSE:CSL) has announced that it will release its third quarter 2024 results on Thursday, October 24, 2024, after the market close. The company has scheduled a conference call at 5pm ET on the same day to discuss the results. Investors can access the call via webcast at www.carlisle.com/investors/events-and-presentations or by telephone.

Carlisle Companies is a leading supplier of innovative building envelope products for energy-efficient buildings. The company operates through its building products businesses: Carlisle Construction Materials (CCM) and Carlisle Weatherproofing Technologies (CWT). Carlisle is committed to generating superior shareholder returns, maintaining a balanced capital deployment approach, and achieving net-zero greenhouse gas emissions by 2050.

Carlisle Companies Incorporated (NYSE:CSL) announces that Henry, a Carlisle Company, has been named The Home Depot's Building Materials Partner of the Year for 2024. This marks the second time Henry has received this award in three years, having also been recognized in 2022.

Chris Koch, Chair, President and CEO, expressed pride in Henry's achievement, highlighting it as a testament to their collaboration in expanding partnerships across multiple building materials categories. The award aligns with Carlisle's Vision 2030 strategy to maximize the potential of their building products portfolio.

Henry has contributed to Carlisle's innovation efforts with The Home Depot, introducing products like Henry Blueskin VPTech, an integrated air barrier and continuous insulation solution, and Henry Roof Guard Urethane Enhanced waterproof roof coating. Carlisle Companies Incorporated is committed to delivering innovative, labor-reducing, and environmentally responsible products while aiming for net-zero greenhouse gas emissions by 2050.

Carlisle Companies Incorporated (NYSE:CSL), a leading supplier of innovative building products, has released a presentation highlighting a campus tour of its Carlisle, PA facility. The presentation, available on the company's website, provides an overview of Carlisle's Vision 2030 strategy and insights into its CCM and CWT businesses.

Carlisle specializes in building envelope products for energy-efficient buildings through its Carlisle Construction Materials (CCM) and Carlisle Weatherproofing Technologies (CWT) divisions. The company focuses on delivering innovative, labor-reducing, and environmentally responsible solutions to customers. Carlisle is committed to generating superior shareholder returns, maintaining a balanced capital deployment approach, and achieving net-zero greenhouse gas emissions by 2050.

Carlisle Companies (NYSE: CSL) announced its Board of Directors has approved an 18% increase in the regular quarterly dividend from $0.85 to $1.00 per share. This increase brings the annualized dividend to $4.00 per share. The dividend is payable on September 3, 2024, to shareholders of record as of August 20, 2024. Chris Koch, Chair, President, and CEO, highlighted that this marks the 48th consecutive annual increase, demonstrating Carlisle’s strong free cash flow generation and commitment to returning capital to shareholders.

Carlisle Companies (NYSE:CSL) reported strong Q2 2024 results, with diluted EPS of $5.94 and adjusted EPS of $6.24, up 33% year-over-year. Revenue increased 11% to $1.5 billion, driven by strong performance in the Construction Materials (CCM) and Weatherproofing Technologies (CWT) segments. The company achieved record operating margin of 26.0% and adjusted EBITDA margin of 28.8%.

Carlisle completed the sale of its Interconnect Technologies business for $2.025 billion, finalizing its pivot to a pure-play building products company. The company also acquired MTL for $410 million, expanding its presence in the architectural metal category. Based on strong performance and positive market dynamics, Carlisle raised its 2024 outlook to approximately 12% revenue growth and 150 basis points of adjusted EBITDA margin expansion.

Carlisle Companies Incorporated (NYSE:CSL) has announced several leadership changes in its finance organization, effective August 1, 2024. The changes include:

• John Calogero becoming Senior VP of Special Projects for Carlisle Construction Materials (CCM)
• Stephen Aldrich promoted to CFO of CCM
• Andrew Easton named VP and Chief Accounting Officer
• Cory Walter promoted to VP of Internal Audit

These changes aim to strengthen and enhance the global finance team, leveraging deep experience and a track record of success. The announcement highlights the company's commitment to developing top finance talent and providing growth opportunities within the organization.

Carlisle Companies (NYSE:CSL) has published its 2023 Corporate Sustainability Report, detailing their progress on sustainability goals through a three-pillar strategy and the Carlisle Operating System. Key achievements include generating over $3.2 billion in revenue from energy-efficient products, which constitutes 70% of the company's revenues. Carlisle also significantly reduced its Scope 1 & 2 emissions by over 21% and Scope 3 emissions by over 12% from the 2021 base year. Additionally, Carlisle surpassed its initial goal of diverting 1 million tons of landfill waste through recycling efforts and has set a new target of 2 million tons by 2030. Further details are available on Carlisle's official website.

Carlisle Companies (NYSE: CSL) will release its Q2 2024 results on July 24, 2024, after market close, followed by a conference call at 5pm ET. The call can be accessed via webcast or telephone. Carlisle is a significant player in the building envelope products sector, focusing on energy efficiency through its Carlisle Construction Materials (CCM) and Carlisle Weatherproofing Technologies (CWT) divisions. The company is committed to superior shareholder returns, strategic acquisitions, share repurchases, and dividend increases. Carlisle aims to achieve net-zero greenhouse gas emissions by 2050.

Amphenol (NYSE: APH) has finalized the acquisition of the Carlisle Interconnect Technologies (CIT) business from Carlisle Companies Incorporated (NYSE: CSL). This acquisition aims to enhance Amphenol's offerings in engineered interconnect solutions for harsh environments, targeting commercial air, defense, and industrial markets. The CIT business is projected to contribute $900 million in sales and a 20% adjusted EBITDA margin for the full year 2024. Additionally, the acquisition is expected to increase Amphenol's 2024 earnings per share by approximately $0.02, excluding acquisition-related costs. This figure will adjust to $0.01 per share following the company's recently announced 2-for-1 stock split.