Carlisle Companies Inc. Q4 Profit Decreases, But Beats Estimates

Carlisle Companies

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(RTTNews) - Carlisle Companies Inc. (CSL) announced a profit for fourth quarter that decreased from last year but beat the Street estimates.

The company's bottom line totaled $162.8 million, or $3.57 per share. This compares with $205.5 million, or $4.20 per share, last year.

Excluding items, Carlisle Companies Inc. reported adjusted earnings of $204.0 million or $4.47 per share for the period.

Analysts on average had expected the company to earn $4.42 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period fell 0.4% to $1.123 billion from $1.128 billion last year.

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

-Earnings: $162.8 Mln. vs. $205.5 Mln. last year. -EPS: $3.57 vs. $4.20 last year. -Revenue: $1.123 Bln vs. $1.128 Bln last year.