Loading...
•
Dec 31, 2019
Carlisle Q4 2019 Earnings Report
Carlisle reported record fourth-quarter performance, driven by strong demand in North American non-residential roofing markets.
Key Takeaways
Carlisle Companies reported a 6.2% increase in revenue to $1.14 billion and a 23.3% increase in operating income to $141.3 million in the fourth quarter of 2019. Diluted EPS was reported as $1.81. The company's performance was driven by strong demand in North American non-residential roofing markets, raw material savings, contributions from the Carlisle Operating System (COS), and acquisitions.
Delivered record fourth quarter sales, operating income and diluted EPS.
Operating income increased 23.3% year-over-year.
Organic revenue was flat, with acquired revenues contributing 6.4%.
Repurchased approximately 1 million shares for $150 million.
Revenue by Segment
Forward Guidance
The company expects to achieve mid-single digit revenue growth in 2020.
Positive Outlook
- Optimistic about the North American non-residential markets.
- Emerging Medical Technologies platform.
- Anticipate a return to normalcy at our largest North American aerospace customer.
- Continue to deploy capital for strategic acquisitions
- Opportunistic share repurchases.
Challenges Ahead
- Still dealing with the effects of the China trade negotiations
- Continued industrial production recession
- Geopolitical and economic uncertainties
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...