Carrier (CARR) Q2 Earnings Beat Estimates, Revenues Up Y/Y

Quarter Details Fire & Security revenues of $871 million were down 6.5% year over year and contributed 13% to net sales. The reported figure missed the consensus mark by 4.70%. Carrier Global (CARR) reported second-quarter 2024 adjusted earnings of 87 cents per share, which surpassed the Zacks Consensus Estimate by 2.35%. The figure increased 10.1% year over year. Product sales (89.8% of net sales) of $6 billion increased 12.1% year over year. Service sales (10.2% of net sales) of $685 million were up 7.5% ...