Carlisle Cos. (CSL) Misses Q1 EPS by 1c

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Carlisle Companies Reports $0.59 Earnings Per Share from Continuing Operations for the First Quarter 2015, a 5% Increase Over the Prior Year

April 23, 2015 6:00 AM EDT

CHARLOTTE, N.C.--(BUSINESS WIRE)-- Carlisle Companies Incorporated (NYSE: CSL) reported net sales from continuing operations of $709.3 million for the quarter ended March 31, 2015, a 9.1% increase from $650.4 million in the first quarter 2014. Organic net sales (defined as net sales excluding sales from acquisition and divestitures within the last twelve months, as well as the impact of changes in foreign exchange rates) growth was 7.4%. The acquisition of LHi Technology (LHi) in the Carlisle Interconnect Technologies (CIT) segment contributed 3.9% to net sales in the first quarter. Fluctuations from foreign exchange had a negative impact to net sales of... More