Carrier Global Corp (CARR) released earnings for third quarter that beat the Street estimates.
The company's earnings came in at $428 million, or $0.50 per share. This compares with $447 million, or $0.49 per share, last year.
Excluding items, Carrier Global Corp reported adjusted earnings of $576 million or $0.67 per share for the period.
Analysts on average had expected the company to earn $0.57 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 6.8% to $5.579 billion from $5.984 billion last year.
Carrier Global Corp earnings at a glance (GAAP) :
-Earnings: $428 Mln. vs. $447 Mln. last year.-EPS: $0.50 vs. $0.49 last year.-Revenue: $5.579 Bln vs. $5.984 Bln last year.
-Guidance:Full year EPS guidance: ~$2.65 +~4%Full year revenue guidance: ~$22 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.