Carrier Global Corporation (CARR) stock surged 6.04% in pre-market trading on Tuesday, following the release of its second-quarter 2026 financial results that exceeded analyst expectations.
The company reported adjusted earnings per share of $0.86, surpassing the consensus estimate of $0.81 by 6.17%. Quarterly sales reached $6.351 billion, beating the $6.018 billion estimate and marking a 3.89% increase from the same period last year. Free cash flow for the quarter was $810 million.
Investor sentiment was further boosted by the company's full-year 2026 guidance, which forecasts adjusted earnings per share of $2.90, well above the FactSet estimate of $2.81. Revenue for the fiscal year is expected to be $23 billion.