US1423391002 - Common Stock
CARLISLE COS INC
NYSE:CSL (11/18/2024, 4:15:01 PM)
After market: 439.13 0 (0%)439.13
-6.21 (-1.39%)
Carlisle Cos., Inc. engages in the design, manufacture, and distribution of building envelope products and energy solutions. The company is headquartered in Scottsdale, Arizona and currently employs 11,000 full-time employees. The firm operates through two segments: Carlisle Construction Materials (CCM) and Carlisle Weatherproofing Technologies (CWT). The CCM segment produces a complete line of single-ply roofing products and warranted roof systems and accessories for the commercial building industry, including ethylene propylene diene monomer (EPDM), thermoplastic polyolefin (TPO) and polyvinyl chloride (PVC) membrane, polyiso insulation, and engineered metal roofing and wall panel systems for commercial and residential buildings. The CWT segment produces building envelope solutions that drive energy efficiency and sustainability in commercial and residential applications. Its products include waterproofing and moisture protection products, protective roofing underlayments, fully integrated liquid and sheet applied air/vapor barriers, and others.
CARLISLE COS INC
16430 N. Scottsdale Rd., Suite 400
Scottsdale ARIZONA 85254
P: 17045011100
CEO: D. Christian Koch
Employees: 11000
Website: https://www.carlisle.com/
Looking back on building materials stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including Armstrong World (NYSE:AWI) and its peers.
Ceiling and wall solutions company Armstrong World Industries (NYSE:AWI) will be reporting results tomorrow morning. Here’s what to look for.
Shares of building envelope solutions provider Carlisle Companies (NYSE:CSL) fell 8.4% in the morning session after the company reported disappointing third-quarter earnings results. Its revenue unfortunately missed, and its organic revenue fell short of Wall Street's estimates. Management called out the continued decline in residential markets and weather-related and port strikes as debilitating factors that slowed down momentum during the quarter. Overall, this was a weaker quarter. CSL wasn't the only housing-related company to report underwhelming results. MHK, which is also exposed to residential construction and demand for homes, also put up weak results that sent the stock down.
Building envelope solutions provider Carlisle Companies (NYSE:CSL) fell short of the market’s revenue expectations in Q3 CY2024, but sales rose 5.9% year on year to $1.33 billion. Its non-GAAP profit of $5.78 per share wasin line with analysts’ consensus estimates.
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