Carlisle Companies Inc. Profit Drops 11% In Q2

(RTTNews) - Carlisle Companies Inc. (CSL) announced earnings for second quarter that retreated compared to the same period last year.

The company said its profit totaled $102.3 million, or $1.58 per share. This was lower than $115.3 million, or $1.75 per share, in last year's second quarter.

Analysts had expected the company to earn $1.61 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 7.0% to $1.07 billion. This was up from $1.00 billion last year.

Carlisle Companies Inc. earnings at a glance:

-Earnings (Q2): $102.3 Mln. vs. $115.3 Mln. last year. -Earnings Decline (Y-o-Y): -11.3% -EPS (Q2): $1.58 vs. $1.75 last year. -EPS Decline (Y-o-Y): -9.7% -Analysts Estimate: $1.61 -Revenue (Q2): $1.07 Bln vs. $1.00 Bln last year. -Revenue Change (Y-o-Y): 7.0%