UPDATE: Carlisle Posts Upbeat Q2 Profit

Carlisle Companies

reported a better-than-expected second-quarter profit. Carlisle's quarterly net income climbed to $92.8 million, or $1.45 per share, versus $54.6 million, or $0.86 per share, in the year-ago period. Its income from continuing operations came in at $1.39 per share. Carlisle's sales surged 13% to $984.6 million. However, analysts were expecting earnings of $1.25 per share on sales of $1.02 billion. Carlisle shares closed at $51.91 yesterday.