Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell ...

Image Source: Zacks Investment Research Business Strength: Carlisle is witnessing strength in the Construction Materials segment, driven by the solid demand for reroofing products. Strength in the non-residential construction market, supported by inventory normalization and growing re-roof activity, has been driving the segment's performance. Its Weatherproofing Technologies segment is also performing well on the back of strong repair and remodel demand across the building envelope in the residential market ...

Over the past three months, the Zacks Consensus Estimate for CSL's full-year earnings has moved 8% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger. Over the past three months, Griffon's consensus EPS estimate for the current year has increased 9%. The stock currently has a Zacks Rank #1 (Strong Buy). To break things down more, Carlisle belongs to the Diversified Operations industry, a group that includes 25 individual companies and currently sits at #35 ...

Persistent challenges in the manufacturing sector with tepid orders for products and services have marred the outlook of the Zacks Diversified Operations industry. The lingering effects of supply-chain issues, especially related to the availability of electronic components, have been another concern for industry participants. The industry is benefiting from the strength across aerospace, defense and oil & gas industries. Healthy demand across medical and life science end markets and growth in the commercial ...

Image Source: Zacks Investment Research The company's shares have gained 20.9% against the industry's 0.6% decline in the past three months. The Zacks Consensus Estimate for CSL's 2024 earnings has improved 8.2% over the last 60 days. It has a trailing four-quarter average earnings surprise of 7.6%. Carlisle Companies Incorporated (CSL) recently completed the previously announced divestment of its Carlisle Interconnect Technologies ("CIT") segment to Amphenol Corporation (APH) . The transaction was valued a ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. While many investors like to look for momen ...

Have you been paying attention to shares of Carlisle (CSL) ? Shares have been on the move with the stock up 2.2% over the past month. The stock hit a new 52-week high of $415 in the previous session. Carlisle has gained 28.2% since the start of the year compared to the -4.8% move for the Zacks Conglomerates sector and the -4.8% return for the Zacks Diversified Operations industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed our earnings c ...

PeopleImages Introduction One of my most successful investments in recent years is Carlisle Companies (NYSE:CSL), a stock I bought at $211 in May of last year. Since then, shares have appreciated 90%. Including dividends, CSL shares have returned 117% over the past three years, beating the S&P 500 by roughly 90 points. Data by YCharts Over the past ten years, CSL has returned more than 450%, beating the S&P 500's stellar performance by more than 200 points. Data by YCharts My most recent article on the ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM _____ TO _____. Commission file number 1-9278 www.carlisle.com CARLISLE COMPANIES INCORPORATED (Exact name of registrant as specified in its charter) Delaware ...

Carlisle Companies (CSL) reported first-quarter 2024 adjusted earnings of $3.72 per share, which surpassed the Zacks Consensus Estimate of $2.74. The bottom line increased 85.1% year over year.Carlisle’s total revenues of $1.1 billion beat the consensus estimate of $0.99 billion. Also, the top line increased 22.8% year over year.Segmental DiscussionCarlisle has divested its Carlisle Interconnect Technologies segment. The company now reports under the following two segments.Revenues from the Carlisle Constru ...