Carrier Global Anticipates Positive Earnings Growth and Analyst Optimism

Carrier Global Corp, based in Palm Beach Gardens, Florida, provides climate and energy solutions globally. With a market cap of $64 billion, it operates in HVAC and Refrigeration segments. Analysts expect a profit of $0.90 per share for fiscal 2025 Q2, up 3.5% from last year. For fiscal 2025, profit is estimated at $3.03, an 18.4% increase from 2024. CARR stock has grown 18.6% in the past year, outperforming the S&P 500. Following Q1 results, CARR raised its full-year profit guidance. Analysts are mostly bullish on CARR, with an average price target of $84.09, indicating a 12.3% potential upside.

Read more at Yahoo Finance: Carrier Global Earnings Preview: What to Expect