Carrier Global (CARR) Set to Release Quarterly Earnings on Thursday

Key Points

• Carrier Global is expected to report Q3 2026 earnings before the market opens on October 29, with analysts forecasting $0.759 in EPS and $6.08 billion in revenue. The company’s full-year EPS guidance is $2.90.
• In the prior quarter, Carrier exceeded expectations with $0.86 EPS versus $0.82 expected and $6.35 billion in revenue; year-over-year revenue increased 3.9%.
• The stock recently traded at $56.42, while analysts maintain a “Moderate Buy” consensus and an average price target of $70.43. Carrier also declared a quarterly dividend of $0.24 per share, representing a 1.7% yield.

Carrier Global (NYSE:CARR - Get Free Report) will likely be posting its Q3 2026 results before the market opens on Thursday, October 29th. Analysts expect the company to post earnings of $0.7590 per share and revenue of $6.08 billion for the quarter. Carrier Global has set its FY 2026 guidance at 2.900-2.900 EPS. Parties may visit the company's upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Thursday, October 29, 2026 at 7:30 AM ET.

Carrier Global (NYSE:CARR - Get Free Report) last announced its earnings results on Tuesday, July 28th. The company reported $0.86 EPS for the quarter, beating analysts' consensus estimates of $0.82 by $0.04. The firm had revenue of $6.35 billion for the quarter, compared to analysts' expectations of $6.02 billion. Carrier Global had a net margin of 5.52% and a return on equity of 14.68%. The company's quarterly revenue was up 3.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.92 EPS. On average, analysts expect Carrier Global to post $2.87 EPS for the current fiscal year and $3.28 EPS for the next fiscal year.

Carrier Global Stock Up 0.4%

NYSE:CARR opened at $56.42 on Thursday. The firm's 50-day moving average price is $57.15 and its 200-day moving average price is $62.84. The company has a market capitalization of $46.51 billion, a PE ratio of 23.02, a P/E/G ratio of 1.92 and a beta of 1.29. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.02 and a quick ratio of 0.72. Carrier Global has a 1-year low of $50.24 and a 1-year high of $76.76.

Carrier Global Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 18th. Investors of record on Thursday, October 29th will be given a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend is Thursday, October 29th. Carrier Global's dividend payout ratio (DPR) is 66.67%.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on CARR shares. Wells Fargo & Company assumed coverage on shares of Carrier Global in a research note on Thursday, September 24th. They set an "overweight" rating and a $67.00 price objective on the stock. Zacks Research downgraded shares of Carrier Global from a "strong-buy" rating to a "hold" rating in a research note on Thursday, October 1st. Wolfe Research reaffirmed an "outperform" rating and set a $80.00 target price on shares of Carrier Global in a research note on Thursday, July 9th. Citigroup lifted their target price on shares of Carrier Global from $79.00 to $80.00 and gave the company a "buy" rating in a report on Monday, July 13th. Finally, The Goldman Sachs Group cut Carrier Global from a "buy" rating to a "neutral" rating and dropped their price target for the stock from $74.00 to $61.00 in a research report on Wednesday, October 14th. Eleven equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $70.43.

Carrier Global Company Profile

Carrier Global Corporation NYSE: CARR is a global provider of intelligent climate and energy solutions. The company develops and manufactures heating, ventilation and air-conditioning (HVAC) systems, refrigeration equipment, building automation technologies and related controls and services for residential, commercial and industrial customers.

Its offerings include air conditioners, heat pumps, furnaces, boilers, chillers, ventilation systems, refrigeration systems and building management solutions.

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