Carrier Global (CARR): what to expect from its third-quarter report
Carrier Global reports third-quarter results before the market opens on Thursday. The market expects revenue to grow 9.4% year on year after last year's decline.
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what happened
Carrier Global, which makes heating, ventilation, air conditioning and refrigeration equipment, will publish its third-quarter results this Thursday before the market opens, according to StockStory.
Last quarter the company reported revenue of $6.35 billion, up 3.9% from a year earlier. Analysts expect revenue to rise 9.4% year on year this quarter, after a 6.8% drop in the same period last year. Carrier has missed Wall Street's revenue estimates several times over the past two years.
Results from peers in building products offer a hint of what to expect. Zurn Elkay grew revenue 8.7%, in line with forecasts, while Apogee lifted revenue 9.2%, beating estimates by 11.3%, and its shares rose 15.3% after the report. Over the past month the sector's shares fell 2.7% on average, while Carrier's stock gained 3.2%, trading at $57.65.
why it matters
Beyond the revenue figures, investors will watch the full-year outlook: last quarter Carrier raised its full-year earnings per share guidance above analyst expectations. The stock's reaction could set the tone for other climate equipment makers amid uncertainty over interest rates and the economy.
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- Carrier Global (CARR) Q3 earnings: what to expect — stockstory.org, 28 October 2026 at 03:15 UTC
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