SCOTTSDALE, Ariz. (AP) — SCOTTSDALE, Ariz. (AP) — Carlisle Cos. Inc. (CSL) on Thursday reported first-quarter profit of $192.3 million.
On a per-share basis, the Scottsdale, Arizona-based company said it had net income of $3.97. Earnings, adjusted to account for discontinued operations, were $3.72 per share.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $2.74 per share.
The diversified manufacturer posted revenue of $1.1 billion in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $993.1 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CSL at https://www.zacks.com/ap/CSL