Carlisle Companies Incorporated reports record-breaking Q4 2023 results, with a slight revenue dip but a significant profitability rise; Vision 2030 strategy aims for $40 EPS.
Surpassing expectations, stock still drops more than 10%, slowly recovering but still down at end of trading on Friday; roofing remains a bright spot in company financials
Owens Corning's Q3 2023 report showed mixed results, with net sales matching last year at $2.5 billion and earnings surpassing estimates, but sales declining over 1.5%; roofing remains a bright spot.
Tesla's solar products experienced additional declines in Q3 2023, though its energy storage is once again booming, according to the company's latest earnings report.
Owens Corning operates like a well-oiled machine: reporting net sales of $2.6 billion, similar to the prior year-over-year quarter, and returning $160 million to shareholders through dividends and stock buybacks.
Beacon announced Q2 2023 results, beating Wall Street estimates slightly with earnings of $2.5 billion; the company attributed the sales increase to higher prices, acquired branches, and strategic investments
Carlisle Companies, the diversified behemoth whose construction materials division is a major player in the roofing and building industries, reported lower-than-expected earnings for the first quarter of 2023.