Comment
0
Tweet
0
Print
RSS Feeds

Fool Checkup: Carlisle Companies Earnings

Wednesday - 4/24/2013, 2:00am  ET

Carlisle Companies reported earnings on April 24. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 31 (Q1), Carlisle Companies missed estimates on revenues and met expectations on earnings per share.

Compared to the prior-year quarter, revenue dropped. GAAP earnings per share shrank.

Margins shrank across the board.

Revenue details
Carlisle Companies reported revenue of $857.0 million. The four analysts polled by S&P Capital IQ wanted to see revenue of $895.7 million on the same basis. GAAP reported sales were the same as the prior-year quarter's.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.85. The seven earnings estimates compiled by S&P Capital IQ predicted $0.84 per share. GAAP EPS of $0.85 for Q1 were 9.6% lower than the prior-year quarter's $0.94 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 21.9%, 240 basis points worse than the prior-year quarter. Operating margin was 8.1%, 330 basis points worse than the prior-year quarter. Net margin was 6.4%, 30 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $1.05 billion. On the bottom line, the average EPS estimate is $1.37.

Next year's average estimate for revenue is $3.90 billion. The average EPS estimate is $4.56.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 233 members out of 245 rating the stock outperform, and 12 members rating it underperform. Among 88 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 86 give Carlisle Companies a green thumbs-up, and two give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Carlisle Companies is outperform, with an average price target of $74.33.

If you're interested in companies like Carlisle Companies, you might want to check out the jaw-dropping technology that's about to put 100 million Chinese factory workers out on the street – and the 3 companies that control it. We'll tell you all about them in "The Future is Made in America." Click here for instant access to this free report.

This article was originally published as Fool Checkup: Carlisle Companies Earningson Fool.com

Copyright © 2009 The Motley Fool, LLC. All rights reserved.