Carlisle: Q4 Earnings Snapshot
SCOTTSDALE, Ariz. (AP) — SCOTTSDALE, Ariz. (AP) — Carlisle Cos. Inc. (CSL) on Tuesday reported fourth-quarter net income of $162.8 million.
The Scottsdale, Arizona-based company said it had net income of $3.57 per share. Earnings, adjusted for one-time gains and costs, came to $4.47 per share.
The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $4.48 per share.
The diversified manufacturer posted revenue of $1.12 billion in the period, also falling short of Street forecasts. Four analysts surveyed by Zacks expected $1.15 billion.
For the year, the company reported profit of $1.31 billion, or $27.82 per share. Revenue was reported as $5 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
