NYSE$CSL

Carlisle Companies Incorporated · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Carlisle Companies reported flat revenue and a decrease in adjusted EPS due to lower profitability at CIT.

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%.

Headline financials

Total Revenue

$1.03B

Previous: $1.03B-0.1%
EPS (adj)

$1.47

Previous: $1.09+34.9%
Capital Expenditures

-$20M

Previous: -$22.8M+12.3%
Free Cash Flow

$32.2M

Previous: $39M-17.4%
Net Income

$52.2M

Previous: $61.8M-15.5%
Operating Income

$89.5M

Previous: $103M-12.9%
Gross Profit

$262M

Previous: $278M-6.0%
Cash & Equivalents

$767M

Previous: $1.19B-35.4%
Total Assets

$5.75B

Previous: $6.3B-8.7%
Stock-Based Comp

$14.9M

Previous: $12.7M+17.3%

Revenue & EPS history

Carlisle · Revenue · Quarterly

$1.03B

Q1 2021-0.1%vs Q1 2020
Beat estimate in 14 of 16 quarters(88%)
ActualEstimate

Revenue by segment

Carlisle · $719M total across 1 segment · Q1 2021

  • Carlisle Construction Materials
    $719M+6.3%

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

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2021

Historical avgQ1 2021

+1.0%

Avg return

Earnings day

+1.6%

Avg return

5 days after

+2.8%

Avg return

30 days after

62%

42 / 68 earnings

Positive

+13.0%

Q1 2010

Best reaction

-14.4%

Q3 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+3.0%-4.7%-8.3%
Q4 2025+11.1%+12.9%-0.4%
Q3 2025-1.6%-1.3%-4.0%
Q1 2025+6.0%+5.4%+7.5%
Q4 2024-8.9%-5.8%-10.7%
Q3 2024-9.1%-8.7%-2.0%
Q2 2024+1.0%-2.5%-4.6%
Q1 2024+6.7%+3.5%+14.0%
Q4 2023+8.7%+10.0%+16.2%
Q3 2023+4.9%+7.1%+16.3%
Q2 2023+3.0%+3.1%-3.5%
Q1 2023+1.5%-0.3%+2.0%
Q4 2022+1.8%+3.6%+3.6%
Q3 2022-14.4%-15.2%-7.7%
Q2 2022+6.9%+9.1%+13.3%
Q1 2022+6.2%+8.9%+3.8%
Q4 2021+0.1%+3.7%+1.4%
Q3 2021+4.5%+5.5%+9.3%
Q2 2021+0.9%+0.8%+4.4%
Q1 2021+6.3%+8.0%+7.8%
Q4 2020+0.3%-2.2%-0.2%
Q3 2020-1.0%+5.0%+17.8%
Q2 2020+0.4%-1.5%+2.4%
Q1 2020-2.2%-3.7%-4.8%
Q4 2019-0.0%-1.7%-11.4%
Q3 2019+6.3%+6.5%+7.9%
Q2 2019+7.6%+9.4%+8.5%
Q1 2019+9.0%+10.4%+5.8%
Q4 2018+6.2%+6.5%+8.1%
Q3 2018-8.9%-7.7%+0.5%
Q2 2018+8.3%+8.6%+12.7%
Q1 2018+5.2%+5.4%+5.0%
Q4 2017-2.8%-4.7%-3.1%
Q3 2017+6.0%+6.4%+6.0%
Q2 2017-2.6%-2.0%-6.5%
Q1 2017-7.2%-7.9%-6.5%
Q4 2016-2.4%-2.6%-1.0%
Q3 2016-3.5%-2.4%+8.6%
Q2 2016-2.5%-2.3%-0.3%
Q1 2016+3.3%
Q4 2015+4.0%
Q3 2015-6.0%
Q2 2015-1.2%
Q1 2015+4.9%
Q4 2014+3.8%
Q3 2014+5.6%
Q2 2014-2.3%
Q1 2014+4.8%
Q4 2013+5.9%
Q3 2013+0.5%
Q2 2013+2.6%
Q1 2013-2.4%
Q4 2012+3.1%
Q3 2012+5.9%
Q2 2012-3.2%
Q1 2012+1.3%
Q4 2011-0.9%
Q3 2011+5.2%
Q2 2011-10.0%
Q1 2010+13.0%
Q1 2011+3.3%
Q4 2008+4.4%
Q4 2010+4.4%
Q3 2010-1.1%
Q3 2009-1.1%
Q4 2009-12.5%
Q2 2010-12.5%
Q2 2009-12.5%

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