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Mar 31, 2021
Carlisle Q1 2021 Earnings Report
Carlisle Companies reported flat revenue and a decrease in adjusted EPS due to lower profitability at CIT.
Key Takeaways
Carlisle Companies reported first quarter revenue of $1.03 billion, flat compared to the previous year. Diluted EPS was $0.97, while adjusted diluted EPS was $1.47. The company continued share repurchases, totaling 984 thousand shares for $150 million. CCM delivered strong year-over-year sales growth of 6.3%.
Consolidated first quarter revenue was $1.0 billion, flat compared to the first quarter of 2020.
First quarter diluted EPS was $0.97; adjusted diluted EPS was $1.47.
Share repurchases continued in the first quarter, totaling 984 thousand shares for $150 million.
CCM delivered strong year-over-year sales growth of 6.3%.
Revenue by Segment
Forward Guidance
Carlisle expects full year sales to be up low double digits for CCM, down mid-single to high-single digits for CIT, up low double digits for CFT, and up over thirty percent for CBF.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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