Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Diversified Operations is currently in the top 27% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Another stock from the same industry, ITT (ITT) , has yet to report results for the quarter ended June 2024. The results a ...

Exhibit 99.2 PRESS RELEASE 7/24/24 Carlisle Companies Reports Second Quarter Results SCOTTSDALE, ARIZONA, July 24, 2024 - Carlisle Companies Incorporated (NYSE:CSL) today announced its second quarter 2024 financial results. • Diluted EPS of $5.94 and adj. EPS of $6.24, an increase of 33% on a year-over-year basis ◦ Revenue of $1.5 billion, an increase of 11% year-over-year ◦ Record operating margin of 26.0% and record adj. EBITDA margin of 28.8% ◦ CCM and CWT delivered adj. EBITDA margins of 33.4% and 22.5% ...

That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss. Studies have shown that stocks with the best growth features consistently outperform the market. And returns are even better for stocks that possess the combination of a Growth Score of A or B and a Zacks Rank #1 (Strong Buy) or 2 (Buy). Arguably nothing is more important than earnings growth, as surging profi ...

F ■ Introduction W. P. Carey School of Business | --- | --- | --- | --- | --- | --- | --- | |----------------------------------|-------------------|------------------|-------|--------------------------------------------------------------------------------------------------------|--------------------------------|--------------------------------| | Company Name (Most Recent) | First Return Date | Last Return Date | Years | Table 2: CRSP Common Stocks with the Highest Cumulative Returns \nCumulative Gross Weal ...

For those looking to find strong Conglomerates stocks, it is prudent to search for companies in the group that are outperforming their peers. Carlisle (CSL) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Conglomerates peers, we might be able to answer that question. Carlisle is one of 24 companies in the Conglomerates group. The Conglomerate ...

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell ...

Image Source: Zacks Investment Research Business Strength: Carlisle is witnessing strength in the Construction Materials segment, driven by the solid demand for reroofing products. Strength in the non-residential construction market, supported by inventory normalization and growing re-roof activity, has been driving the segment's performance. Its Weatherproofing Technologies segment is also performing well on the back of strong repair and remodel demand across the building envelope in the residential market ...

Over the past three months, the Zacks Consensus Estimate for CSL's full-year earnings has moved 8% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger. Over the past three months, Griffon's consensus EPS estimate for the current year has increased 9%. The stock currently has a Zacks Rank #1 (Strong Buy). To break things down more, Carlisle belongs to the Diversified Operations industry, a group that includes 25 individual companies and currently sits at #35 ...

Persistent challenges in the manufacturing sector with tepid orders for products and services have marred the outlook of the Zacks Diversified Operations industry. The lingering effects of supply-chain issues, especially related to the availability of electronic components, have been another concern for industry participants. The industry is benefiting from the strength across aerospace, defense and oil & gas industries. Healthy demand across medical and life science end markets and growth in the commercial ...

Image Source: Zacks Investment Research The company's shares have gained 20.9% against the industry's 0.6% decline in the past three months. The Zacks Consensus Estimate for CSL's 2024 earnings has improved 8.2% over the last 60 days. It has a trailing four-quarter average earnings surprise of 7.6%. Carlisle Companies Incorporated (CSL) recently completed the previously announced divestment of its Carlisle Interconnect Technologies ("CIT") segment to Amphenol Corporation (APH) . The transaction was valued a ...