earnings
confidence high
sentiment positive
materiality 0.85
Carlisle Q2 record revenue $1.85B, adj EPS $6.15, raises FY22 sales outlook
CARLISLE COMPANIES INC
2022-Q2 EPS reported
$9.37
revenue$3,343,200,000
- GAAP diluted EPS $5.62 vs $1.77 YoY; adjusted diluted EPS $6.15 vs $2.16, up 185%.
- Revenue $1.85B, up 57% YoY (42% organic); CCM revenue $1.1B (+54%) and CWT revenue $448.9M (+109%).
- CCM FY22 sales growth forecast raised to ~40% YoY (from 30%); CIT raised to ~20% (from low-double digits).
- Repurchased 204K shares for $50M; paid $28M dividends; cash and revolver availability ~$1.35B.
- Adjusted EBITDA $472.2M, up 146% YoY; free cash flow $142.9M in H1 2022, up $31.7M YoY.