What caused CSL's Q3 2024 EPS to decline?
4/4/2025 01:29pm
The decline in Carlisle Companies' (CSL) Q4 2024 EPS can be attributed to a combination of factors:
1. **Revenue Decline**: The company's total revenue for Q4 2024 decreased by 0.41% year-over-year, reaching $1.12 billion. This decline in revenue could contribute to the decrease in EPS.
2. **Market Conditions**: The decline in CSL's stock price to a 52-week low of $340.39 in February 2025 suggests challenging market conditions. Such conditions can affect a company's profitability and, consequently, its EPS.
3. **Cost Management**: The company's operating margin was reported at 19.9% for the quarter, which is below the previous quarter's margin. This could indicate that cost management was less effective in Q4 2024 compared to earlier quarters, impacting EPS.
In summary, the decline in CSL's Q4 2024 EPS is likely a result of a combination of revenue decline, challenging market conditions, and less effective cost management.