Carlisle (CSL) jumps after Q1 EPS beat, margin expansion, guidance reaffirmed
Carlisle Companies shares are rising after the company reported Q1 2026 results on April 23, 2026, with adjusted EPS of $3.63 and a 50-bp improvement in adjusted EBITDA margin to 22.3%. Management reaffirmed full-year 2026 targets, supporting a post-earnings re-rating despite a 4% revenue decline to $1.05B.
1. What’s moving the stock today
Carlisle Companies (CSL) is up after releasing first-quarter 2026 earnings after the close on Thursday, April 23, 2026. The company posted adjusted diluted EPS of $3.63, while showing profitability resilience via a higher adjusted EBITDA margin even though revenue declined year over year.
2. The key numbers investors are reacting to
For the quarter ended March 31, 2026, Carlisle reported revenue of about $1.05 billion (down roughly 4% year over year), adjusted EBITDA of $234.6 million, and an adjusted EBITDA margin of 22.3% (up 50 basis points). The quarter also included sizable capital returns, including $250 million of share repurchases, which added support to per-share results and sentiment.
3. Outlook and why it matters
Investors appear focused on Carlisle reaffirming its 2026 framework: low-single-digit revenue growth (with commentary pointing to the higher end of that range) and about 50 basis points of consolidated adjusted EBITDA margin expansion, alongside expectations for double-digit EPS growth. The combination of steady guidance, margin expansion, and buybacks is helping offset concerns about weather-related volume headwinds and softer new construction that weighed on Q1 revenue.