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Carlisle: Q1 Earnings Snapshot

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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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

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