Carlisle Companies Inc. Q3 Profit Increases, beats estimates

(RTTNews) - Carlisle Companies Inc. (CSL) announced a profit for its third quarter that increased from the same period last year and beat the Street estimates.

The company's earnings came in at $265.6 million, or $5.29 per share. This compares with $254.7 million, or $4.83 per share, in last year's third quarter.

Excluding items, Carlisle Companies Inc. reported adjusted earnings of $4.68 per share for the period.

Analysts on average had expected the company to earn $4.54 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 16.0% to $1.26 billion from $1.50 billion last year.

Carlisle Companies Inc. earnings at a glance (GAAP) :

-Earnings (Q3): $265.6 Mln. vs. $254.7 Mln. last year. -EPS (Q3): $5.29 vs. $4.83 last year. -Analyst Estimate: $4.54 -Revenue (Q3): $1.26 Bln vs. $1.50 Bln last year.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


More Related Articles

Info icon

This data feed is not available at this time.

Sign up for Smart Investing to get the latest news, strategies and tips to help you invest smarter.