Published on 29 Apr 2024 on Zacks via Yahoo Finance
Have you been paying attention to shares of Carlisle (CSL)? Shares have been on the move with the stock up 2.2% over the past month. The stock hit a new 52-week high of $415 in the previous session. Carlisle has gained 28.2% since the start of the year compared to the -4.8% move for the Zacks Conglomerates sector and the -4.8% return for the Zacks Diversified Operations industry.
What's Driving the Outperformance?
The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on April 25, 2024, Carlisle reported EPS of $3.72 versus consensus estimate of $2.74 while it beat the consensus revenue estimate by 10.42%.