Carrier Global Corp (CARR) released a profit for first quarter that Drops, from the same period last year
The company's bottom line totaled $239 million, or $0.28 per share. This compares with $412 million, or $0.47 per share, last year.
Excluding items, Carrier Global Corp reported adjusted earnings of $482 million or $0.57 per share for the period.
The company's revenue for the period rose 2.4% to $5.341 billion from $5.218 billion last year.
Carrier Global Corp earnings at a glance (GAAP) :
-Earnings: $239 Mln. vs. $412 Mln. last year.-EPS: $0.28 vs. $0.47 last year.-Revenue: $5.341 Bln vs. $5.218 Bln last year.
-Guidance:Full year EPS guidance: $ 2.80Full year revenue guidance: $ 22 B
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.