Carlisle Companies Incorporated has released its fourth-quarter earnings for 2024 on February 4, 2025, delivering an adjusted earnings per share (EPS) of $4.47. This figure, while slightly below the Zacks Consensus Estimate of $4.48, marks a 7% increase year-over-year. 

Despite the impressive EPS growth, the company faced a revenue decline, reporting total revenues of $1.12 billion—down 0.4% from the previous year and missing expectations. The overall revenue for the full year reached $5 billion, representing a notable 9.1% increase compared to the prior year. This growth was primarily driven by the Construction Materials segment, which saw a 2.2% increase, while the Weatherproofing Technologies segment struggled with a 7% decline attributed to weaker residential markets and lower pricing.

Following a previous quarter during which the company missed EPS estimates by $0.04, Carlisle's share price dropped by 9.0%. The mixed results from its remaining segments, coupled with a $5 million revenue decline, have raised some investor concerns. However, it is noteworthy that the company continues to maintain a strong cash position with cash and equivalents rising to $753.5 million.

In a positive move for shareholders, Carlisle announced a 7.6% increase in dividends alongside significant share repurchases. As the company navigates through the challenging market conditions, its overall financial resilience suggests potential for recovery and continued investment appeal moving forward.

Carlisle Companies Reports Q4 Earnings Beat Despite Revenue Decline and Mixed Segment Performance

Carlisle Companies Incorporated recently reported its fourth-quarter 2024 results on February 4, 2025, revealing adjusted earnings of $4.47 per share. While this figure was slightly below the Zacks Consensus Estimate of $4.48, it marks a 7% increase year-over-year. However, total revenues were recorded at $1.12 billion, which fell short of expectations and reflected a 0.4% decline compared to the previous year's figures.

For the entire fiscal year, Carlisle posted net revenues of $5 billion, demonstrating a promising 9.1% increase. The company experienced a mixed performance across its segments, with the Construction Materials segment showing a 2.2% revenue rise. Unfortunately, the Weatherproofing Technologies segment faced a 7% decline, attributed to weaker conditions in residential markets and lower pricing strategies.

Notably, Carlisle's financial resilience is evident through its adjusted earnings for the full year, which reached $20.20 per share, an impressive 30.2% growth. The company has also prioritized shareholder returns, implementing a 7.6% increase in dividends alongside significant share repurchases. Despite some challenges in its remaining segments following the divestiture of its Carlisle Interconnect Technologies segment, cash and equivalents rose to $753.5 million, bolstering its balance sheet.

Investors should be mindful of the company's mixed results as it navigates a challenging market landscape. While the year-over-year growth is promising, the shortfall in revenue and pressures on certain segments suggest a need for vigilance when considering future investments in Carlisle Companies.

Carlisle Companies Reports Q4 2024 Earnings of $4.47 per Share, Slightly Missing Estimates Amid Mixed Revenue Performance

Carlisle Companies Inc. is a diversified global manufacturer focused on delivering innovative solutions across various industries, including construction, aerospace, and automotive. The company's mission is to enhance the performance and sustainability of its products while providing exceptional value to customers. Carlisle Companies Inc. employs a strategy centered on operational excellence, strategic acquisitions, and a commitment to research and development. Through its extensive portfolio of brands, the company aims to drive growth and profitability while maintaining a strong emphasis on environmental responsibility and community engagement.

CARLISLE COMPANIES INC