Carrier Q3 revenue comes in at $6.26 billion as EPS beats estimates
Key points
- Carrier Global (NYSE:CARR) reported third-quarter 2026 earnings per share of $0.87, above the analyst consensus estimate of $0.77.
- Revenue reached $6.26 billion, exceeding the $6.1 billion analyst estimate.
- Carrier expects 2026 adjusted EPS of $2.85–$2.90 and revenue of $23.8 billion–$24 billion, while recent divestitures continue to affect year-over-year comparisons.
Carrier Global (NYSE:CARR) reported third-quarter 2026 revenue of $6.26 billion and earnings per share of $0.87, exceeding analyst estimates of $6.1 billion and $0.77, respectively.
The results surpassed expectations as Carrier continued to manage portfolio changes, including the sales of Riello and NORESCO, which affected year-over-year revenue comparisons.
The completed Riello divestiture on July 1 and NORESCO divestiture on August 3 created year-over-year revenue headwinds of approximately $225 million and $125 million, respectively.
Carrier expects full-year 2026 adjusted earnings per share of $2.85–$2.90, compared with the analyst consensus estimate of $2.88.
The company forecasts full-year revenue of $23.8 billion–$24 billion, above the analyst consensus estimate of $23.33 billion, following its recent portfolio changes.
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