While reporting financial results for the fourth quarter on Tuesday, Carrier Global Corp. (CARR) initiated its adjusted earnings and sales guidance for the full-year 2026.
For fiscal 2026, the company now projects adjusted earnings of about $2.80 per share on sales and organic sales growth between flat and low-single-digits.
On average, analysts polled expect the company to report earnings of $2.88 per share on revenue growth of 2.89 percent to $22.61 billion for the year. Analysts' estimates typically exclude special items.
The company said full year guidance assumes the divestiture of Riello to conclude by the end of the first quarter of 2026, reflecting a year-over-year headwind of about $350 million sales and about $0.03 adjusted earnings per share.
In Thursday's pre-market trading, CARR is trading on the NYSE at $60.80, down $2.86 or 4.49 percent.
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Business News
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.