Carlisle Q2 Revenue Beats by $90M, Raises FY Outlook on Record Sales
CSL sits 20% above its 52-week low of $293.43 on elevated volume (2.4× avg).
Summary
Carlisle delivered a strong Q2, with revenue of $1.57 billion beating consensus by $90 million and adjusted EPS hitting a record $7.03, up 12% year-over-year. The company raised its full-year revenue growth outlook to mid-single digits, citing above-market volume gains and solid re-roofing demand. Management also boosted the 2026 share buyback target to $1.2 billion after repurchasing $250 million in the quarter. While elevated raw material and freight costs pressured margins, pricing actions are expected to provide a tailwind in the second half of 2026 and into 2027. This follows a mixed Q1 where revenue and net income declined, making the Q2 beat and raised guidance a notable inflection. The stock closed at $351.94, still well below the median analyst target of $415.
At the time of this announcement, CSL was trading at $351.94 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $13.5B. The 52-week trading range was $293.43 to $432.91. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.