Carlisle Companies Incorporated (NYSE:CSL) is a diversified manufacturing company that operates primarily in the construction materials sector. The company recently reported its fourth-quarter 2024 financial results, which showed a slight decline in revenue to $1.12 billion, down 0.4% from the previous year. Despite this, the company's earnings per share (EPS) increased to $4.47, up from $4.17 in the same quarter last year.
On February 7, 2025, Collins Jonathan R., a director at CSL, sold 1,050 shares of the company's common stock at $349.24 each. This transaction left him with 2,665 shares. The sale comes after CSL reported a 7% year-over-year increase in EPS for the fourth quarter, although it narrowly missed the Zacks Consensus Estimate of $4.48 per share, resulting in a minor earnings surprise of -0.22%.
For the full year 2024, Carlisle reported net revenues of $5 billion, a 9.1% increase from the previous year. The company's adjusted earnings for the year were $20.20 per share, marking a significant rise of 30.2% year over year. This growth was supported by a 2.2% increase in revenues from the Carlisle Construction Materials segment, which reached $856.3 million.
Despite the slight revenue miss in the fourth quarter, Carlisle has shown strong performance over the past year. The company has exceeded consensus EPS estimates in three of the last four quarters. Carlisle's financial metrics, such as a price-to-earnings (P/E) ratio of 9.29 and a debt-to-equity ratio of 0.83, indicate a solid market valuation and a balanced approach to financing its operations.
