Carlisle reports Q4 adjusted EPS $4.17, consensus $3.55

Reports Q4 revenue $1.1B, consensus $1.09B. We are pleased to report that Carlisle had a strong finish to 2023 with record 4th quarter adjusted EPS of $4.17, an increase of 29.5% year-over-year, and adjusted EBITDA margin of 26.4% improving 440 basis points year-over-year on 1.9% lower sales. These results were driven by stronger CCM sales and higher profitability at both CCM and CWT supported by favorable weather conditions, solid contractor backlogs, and stronger operating efficiencies. We continue to emphasize a pursuit of flawless execution in our businesses through the Carlisle Operating System, providing value to our customers by delivering innovative solutions for the building envelope, and delivering the Carlisle Experience to our customers.”