Carrier Global Corp (CARR) revealed earnings for second quarter that Drops, from last year
The company's bottom line totaled $0.59 billion, or $0.68 per share. This compares with $2.34 billion, or $2.55 per share, last year.
Excluding items, Carrier Global Corp reported adjusted earnings of $796 million or $0.92 per share for the period.
The company's revenue for the period rose 3.0% to $6.11 billion from $5.93 billion last year.
Carrier Global Corp earnings at a glance (GAAP) :
-Earnings: $0.59 Bln. vs. $2.34 Bln. last year.-EPS: $0.68 vs. $2.55 last year.-Revenue: $6.11 Bln vs. $5.93 Bln last year.
-Guidance:Full year EPS guidance: $3.00 – $3.10Full year revenue guidance: $23 Bln
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.