Carlisle Cos. (CSL) Misses Q3 EPS by 7c, Miss on Revenues

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Go back to Carlisle Cos. (CSL) Misses Q3 EPS by 7c, Miss on Revenues

Carlisle Companies Reports Third Quarter 2018 Results

October 23, 2018 4:01 PM EDT

Third Quarter 2018 Highlights:

Revenue of $1.2 billion increased 17.9% vs. last year, or 5.5% organic GAAP earnings per diluted share (EPS) of $1.59 compared to $1.26 last year, a 26.2% increase Results impacted by unfavorable September weather, price sensitivity at Accella, and retirement costs at CCM

SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- Carlisle Companies Incorporated (NYSE: CSL) reported revenues of $1,181.4 million for the third quarter of 2018, a 17.9% increase from $1,002.4 million in the third quarter of 2017. Organic revenues grew 5.5%, acquired revenues contributed 11.7% growth in the quarter, and adoption of ASC 606... More