The chief executive of Jarden told CNBC that second-quarter results were strong and came in above expectations, though the company's stock tumbled on a more guarded outlook.
"Let me clear up the confusion, we actually had a good second quarter," CEO Martin Franklin said on "Squawk Box." "We beat the Street estimates with, really, any estimates you want to look at."
Jarden on Monday reported higher second-quarter profit, as sales increased and the consumer products company focused on its leading brands and developing new products.
Excluding acquisition costs and other one-time items, the company earned 59 cents per share. Wall Street analysts, on average, said the company would earn 57 cents per share, according to Thomson Financial.
But Jarden's stock fell sharply after the company issued a somewhat guarded outlook for the rest of the year.