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February 8, 2013
06:11 EDTCSLCarlisle reports Q4 EPS 74c, consensus 78c
Reports Q4 revenue $845.3M, consensus $826.6M. Income in the fourth quarter was positively impacted by organic sales growth, savings from the Carlisle Operating System and operational improvements, particularly at Transportation Products. Negatively impacting fourth quarter results were 8c per diluted share, of after-tax charges for pension settlement and business development expense incurred at Corporate. Our effective tax rate of 32% in the fourth quarter of 2012 compared to a rate of 16% in the prior year quarter, which had been favorably impacted by tax benefits from excess foreign tax credits resulting from restructuring.
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