Industrial equipment and construction product maker
gained 17% for the week after the company raised its second-quarter guidance, saying it expects to beat analysts' estimates on cost cuts and improved demand for car parts. The company expects to earn 75 cents to 80 cents, compared with the consensus estimate of 60 cents. For the full year, Carlisle estimates earnings of $2.25 to $2.35 a share, above the consensus of $2.02. The company said its automotive parts company was having a particularly good quarter.