SCOTTSDALE, Ariz. (AP) — SCOTTSDALE, Ariz. (AP) — Carlisle Cos. Inc. (CSL) on Thursday reported first-quarter profit of $127.7 million.
On a per-share basis, the Scottsdale, Arizona-based company said it had profit of $3.10. Earnings, adjusted for one-time gains and costs, were $3.63 per share.
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $3.31 per share.
The diversified manufacturer posted revenue of $1.05 billion in the period, which fell short of Street forecasts. Four analysts surveyed by Zacks expected $1.06 billion.
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