secwatch.observer — SEC 8-K summary
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Issuer:     CARLISLE COMPANIES INC (CSL)
CIK:        0000790051
Form:       8-K
Filed at:   2024-04-25T23:59:59+00:00
Accession:  0000790051-24-000083
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Carlisle Q1 EPS $3.52 (adj. $3.72) +85% YoY; revenue $1.1B +23%; raises FY outlook
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- Diluted EPS $3.52, adj. EPS $3.72 (up 85% YoY); revenue $1.1B (+23% YoY); operating margin 20.5%.
- CCM revenue +36% YoY to $784M; adj. EBITDA margin 28.9% (+510 bps). CWT revenue -1.2% but margin expanded 370 bps to 20.7%.
- Signed definitive agreements to sell CIT (~$2B) to Amphenol and acquire MTL (metal edge/wall systems) – pure play building products pivot.
- FY 2024 outlook raised: ~10% revenue growth, adj. EBITDA margin expansion >100 bps. Repurchased $150M shares in Q1.
- Free cash flow from continuing ops $132M, up $42M YoY. Cash & equivalents $553M; $1B revolver available.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/790051/000079005124000083/0000790051-24-000083-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/790051/000079005124000083/csl-20240425.htm
  HTML page:      https://secwatch.observer/filing/0000790051-24-000083

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer