Carlisle Companies Reports Second Quarter Diluted Earnings per Share of $1.36
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Carlisle Cos. (CSL) Tops Q2 EPS by 26c, Revenues Beat
July 21, 2020 4:05 PM EDTCarlisle Cos. (NYSE: CSL) reported Q2 EPS of $1.36, $0.26 better than the analyst estimate of $1.10. Revenue for the quarter came in at $1.02 billion versus the consensus estimate of $989.33 million.
Despite an extremely challenging second quarter, Vision 2025 goals remain intactReported EPS of $1.36 includes $0.25 of costs attributable to restructuring, M&A and COVID-19 related plant closures and absencesCCM delivered 18.7% operating income margin overcoming an approximately 20% decline in salesSolid performance in CIT-Medical partially offset expected weakness in CIT-Aerospace businessBalance sheet remains strong, with $738 million in cash and untapped revolver of $1... More