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Carlisle up 8% post Q1 results.

Published 04/25/2018, 09:55 AM
© Reuters.  Carlisle up 8% post Q1 results.
CSL
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  • Carlisle Companies (CSL +7.6%) reports Q1 revenue of $984.7M (+27.2% Y/Y) of which Carlisle Construction Materials was $598.6M (+34.2% Y/Y), Carlisle Interconnect Technologies of $224.3M (+15.5% Y/Y), Carlisle Fluid Technologies $63.5M (+5% Y/Y) & Carlisle Brake & Friction of $98.3M (+34.3% Y/Y).
  • Operating margin was down 195 bps to 9.6%, for segment: Carlisle Construction Materials was 12.7%, Carlisle Interconnect Technologies 12.1%, Carlisle Fluid Technologies 9% & for Brake & Friction was 4.6%.
  • Net income from continuing operations was flat Y/Y to $57.9M, cash & equivalents increased 158.8% Q/Q to $979.1M, whereas LTD remained flat to $1.58B Q/Q.
  • Previously: Carlisle beats by $0.01, beats on revenue (April 24)
  • Now read: Goodyear Tire & Rubber Co. 2018 Q1 - Results - Earnings Call Slides


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