Carrier Global Corp reports results for the quarter ended June 30 - Earnings Summary
Carrier Global Corp reports results for the quarter ended June 30 - Earnings Summary
Carrier Global Corp CARR.N reported quarterly adjusted earnings of 86 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 92 cents. The mean expectation of twenty analysts for the quarter was for earnings of 81 cents per share. Wall Street expected results to range from 80 cents to 89 cents per share.
Revenue rose 3.9% to $6.35 billion from a year ago; analysts expected $6.02 billion.
Carrier Global Corp's reported EPS for the quarter was 60 cents.
The company reported quarterly net income of $501 million.
Carrier Global Corp shares had fallen by 5.5% this quarter and gained 31.2% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 1.3% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 15 "strong buy" or "buy," 10 "hold" and no "sell" or "strong sell." The average consensus recommendation for the electrical components & equipment peer group is also "buy"
Wall Street's median 12-month price target for Carrier Global Corp is $78.00, about 11.1% above its last closing price of $69.33
This summary was machine generated from LSEG data July 28 at 01:31 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.81 | 0.86 | Beat |
Mar. 31 2026 | 0.51 | 0.57 | Beat |
Dec. 31 2025 | 0.37 | 0.34 | Missed |
Sep. 30 2025 | 0.57 | 0.67 | Beat |
Recent news on Carrier Global
See all newsUS RESEARCH ROUNDUP-Amazon, Caterpillar, Intel
US STOCKS ON THE MOVE-Wesco, Mobileye, Glaukos
Carrier Global Corporation reports results for the quarter ended September 30 - Earnings Summary
Carrier Global Corporation reports results for the quarter ended September 30 - Earnings Summary
U.S. STOCKS ON THE MOVE-ADT, Equinix, Cognizant