**Strong Third Quarter Performance**: Carlisle Companies reported record third quarter 2024 results with sales reaching $1.3 billion, a 6% year-over-year increase, and adjusted EPS growing by 24% to $5.78. The company achieved an adjusted EBITDA margin expansion of 60 basis points to 27.6%, driven by strong performance in the Commercial Construction Materials (CCM) segment, which grew 9% in revenue.

**Challenges in Residential Markets**: The company highlighted continued headwinds from a weakened residential market, which led to a 3% year-over-year sales decline in the Construction Water Treatment (CWT) segment. Factors affecting the residential market include high interest rates impacting new housing activity and repair and remodel projects.

**Adjusted Full-Year Outlook**: Carlisle slightly lowered its full-year 2024 revenue growth forecast to approximately 10%, influenced by ongoing challenges in residential markets and disruptions from hurricanes and port strikes. However, the company reaffirmed its expectation for adjusted EBITDA margins to expand by 150 basis points, demonstrating confidence in operational excellence.