Carlisle (CSL) Q4 Earnings Beat Estimates, Revenues Decline Y/Y

Carlisle Companies (CSL) reported fourth-quarter 2023 adjusted earnings (excluding 26 cents from non-recurring items) of $4.17 per share, which surpassed the Zacks Consensus Estimate of $3.47. The bottom line increased 6.4% year over year.Carlisle’s total revenues of $1.13 billion beat the consensus estimate of $1.08 billion. However, the top line decreased 2% year over year, with a 2.3% decline in organic revenues.Segmental DiscussionCarlisle has divested its Carlisle Interconnect Technologies segment. The ...