Carlisle Reports Q4 Earnings Miss, Revenue Falls Short
SCOTTSDALE, Ariz., March 8, 2023 -- Carlisle Companies Incorporated (CSL) announced its fourth-quarter financial results, reporting a net income of $162.8 million ($3.57 per share). Excluding one-time items, adjusted earnings came in at $4.47 per share, below analysts' estimates of $4.48.
Revenue for the quarter totaled $1.12 billion, also missing projections of $1.15 billion from analysts. For the full year, Carlisle reported a profit of $1.31 billion ($27.82 per share) on revenue of $5 billion.
These results mark a slight underperformance compared to expectations and analysts' forecasts.