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Carrier Global (CARR)
NYSE:CARR
Earnings Data
Report Date
Jul 24, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.9Last Year’s EPS
0.87Same Quarter Last Year
Moderate Buy
Based on 15 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:May 01, 2025
|% Change Since: 19.84%
|Next Earnings Date:Jul 24, 2025
Earnings Call Sentiment|Positive
The earnings call reflected a strong start to the year with significant growth in several segments, robust EPS growth, and a successful partnership with Google. However, challenges remain in the light commercial segment and in Asia, and there are ongoing tariff concerns. Overall, the highlights slightly outweigh the lowlights, given the strategic initiatives and positive financial outlook.Company Guidance
During Carrier's First Quarter 2025 earnings call, the company provided an optimistic outlook, backed by strong financial performance and strategic initiatives. Orders increased by high single digits, with double-digit growth in Climate Solutions, Europe, and Transportation. Sales in Climate Solutions America saw a 20% rise in both residential and commercial sectors. The company reported a total backlog increase of approximately 10% year-over-year and 15% sequentially. Notably, Carrier achieved a 27% growth in adjusted EPS on 2% organic growth, alongside generating $420 million in free cash flow. The company returned about $1.5 billion to shareholders and paid down $1.2 billion in debt. For the full year 2025, Carrier increased its adjusted EPS guidance to $3 to $3.10, reflecting a 20% year-over-year growth, driven by strong productivity, pricing strategies to mitigate $300 million in tariff exposure, and a mid-single-digit organic sales growth expectation.Strong Start to the Year
Orders were up high single digits with double-digit orders growth in Climate Solutions, Europe and Transportation. Total company backlog increased by about 10% year-over-year and 15% sequentially.
Financial Performance
The company drove 27% adjusted EPS growth on 2% organic growth. Free cash flow was $420 million, and $1.5 billion was returned to shareholders through dividends and share repurchases.
Segment Performance
Commercial ex NORESCO and residential strength in the Americas with organic sales up around 20%. Data center segment expected to double to $1 billion this year, with strong performance in Q1.
Partnership and Innovation
New partnership with Google to enhance grid resilience and smarter energy management. Introduction of Carrier's first air-cooled commercial heat pump in Europe.
Guidance Increase
Full year adjusted EPS guide increased to $3 to $3.10, which is up about 20% year-over-year.
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CARR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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CARR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 01, 2025 | $62.54 | $69.80 | +11.61% |
Feb 11, 2025 | $66.23 | $65.16 | -1.62% |
Oct 24, 2024 | $79.47 | $72.46 | -8.82% |
Jul 25, 2024 | $65.60 | $64.44 | -1.77% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Carrier Global (CARR) report earnings?
Carrier Global (CARR) is schdueled to report earning on Jul 24, 2025, TBA Not Confirmed.
What is Carrier Global (CARR) earnings time?
Carrier Global (CARR) earnings time is at Jul 24, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CARR EPS forecast?
CARR EPS forecast for the fiscal quarter 2025 (Q2) is 0.9.
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