UPDATE: Carlisle Reports Rise In Q4 Profit

Carlisle Companies Inc (NYSE: CSL) reported a rise in its fourth-quarter profit.

Carlisle's quarterly net income climbed to $38.6 million, or $0.61 per share, from $32.2 million, or $0.51 per share, in the year-ago period. Its income from continuing operations came in at $0.63 per share. Its sales surged 26% to $789.6 million. However, analysts were expecting earnings of $0.63 per share on sales of $744.6 million.

Carlisle shares closed at $49.56 yesterday.