Carlisle (CSL) to Report Q2 Results: Wall Street Expects Earnings Growth

Core Viewpoint - Wall Street anticipates a year-over-year increase in Carlisle's earnings due to higher revenues, with a focus on how actual results compare to estimates impacting stock price [1] Group 1: Earnings Expectations - Carlisle is expected to report quarterly earnings of $6.67 per share, reflecting a year-over-year increase of +6.9% [3] - Revenues are projected to be $1.5 billion, which is a 3.2% increase from the same quarter last year [3] Group 2: Estimate Revisions - The consensus EPS estimate has been revised 1.02% higher in the last 30 days, indicating a positive reassessment by analysts [4] - The Most Accurate Estimate for Carlisle is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +0.39% [12] Group 3: Earnings Surprise Prediction - A positive Earnings ESP is a strong indicator of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3 [10] - Carlisle's current Zacks Rank is 3, suggesting a likelihood of beating the consensus EPS estimate [12] Group 4: Historical Performance - In the last reported quarter, Carlisle exceeded the expected earnings of $3.53 per share by delivering $3.61, resulting in a surprise of +2.27% [13] - Over the past four quarters, Carlisle has beaten consensus EPS estimates three times [14] Group 5: Industry Comparison - 3M is another player in the diversified operations industry, expected to report earnings of $2.01 per share, with a year-over-year change of +4.2% [18] - 3M's revenues are anticipated to be $6.12 billion, down 2.2% from the previous year [18] - The consensus EPS estimate for 3M has been revised 1.4% higher, resulting in an Earnings ESP of +0.08% and a Zacks Rank of 2, indicating a likely earnings beat [19]