SCOTTSDALE, Ariz. (AP) — SCOTTSDALE, Ariz. (AP) — Carlisle Cos. Inc. (CSL) on Tuesday reported fourth-quarter net income of $127.4 million.
On a per-share basis, the Scottsdale, Arizona-based company said it had profit of $3.05. Earnings, adjusted for one-time gains and costs, came to $3.90 per share.
The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $3.60 per share.
The diversified manufacturer posted revenue of $1.13 billion in the period, also exceeding Street forecasts. Five analysts surveyed by Zacks expected $1.1 billion.
For the year, the company reported profit of $740.7 million, or $17.12 per share. Revenue was reported as $5.02 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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