Carlisle Companies Issues FY18 Revenue Guidance - Quick Facts

(RTTNews) - Carlisle Companies Incorporated (CSL) announced, for 2018, the company now expects total company revenue growth including acquisitions to be in the mid-to-high teens. The company expects share repurchase program to exceed $250 million in 2018.

Carlisle Companies reported revenues of $984.7 million for the first quarter of 2018, a 27.2% increase from $774.0 million for the first quarter of 2017. Organic revenues grew 8.8%, acquired revenues contributed a total of 15.5% in the quarter, foreign exchange had a positive impact of 1.5%, and adoption of the new FASB revenue recognition standard had a positive impact of 1.4%. Earnings from continuing operations was $0.92 per share, for the quarter.