Carrier Global gains after raising full-year profit, revenue forecasts

Carrier Global

28/07/2026 11:38

** Shares of HVAC maker Carrier Global CARR.N rise 2.32% to $70.9 premarket
** Stock set to open at its highest in over three weeks, if gains hold
** Co raises FY sales and adj. EPS outlook to about $23 bln and $2.9, respectively, compared to prior forecast of about $22 bln and $2.8
** Co posts Q2 net sales of $6.35 bln, beating analysts' estimates of $6.02 bln - data compiled by LSEG
** Q1 adj. EPS of 86 cents above analysts' average estimate of 81 cents
** "Orders were very strong globally in the second quarter supported by continued data center demand," says CEO David Gitlin
** 15 of 25 brokerages rate the stock "buy" or higher and ten rate it "hold"; median PT is $76
** As of last close, stock has risen 31.2% YTD

 (Reporting by Anand Gopal in Bengaluru)
 ((anandgopal.r@thomsonreuters.com))