Carrier (US:CARR) Seeking Alpha·2025-09-10 20:26Company Overview - Carrier has undergone significant transformation over the past few years, focusing on a balanced portfolio and exposure to enduring secular trends [2] - The company is positioned as a market leader in key verticals and geographies globally, with a clear vision and strategy for growth [2] Financial Performance - The company's earnings per share (EPS) has grown at a compound annual growth rate (CAGR) of 17% since 2022, with a more than 25% increase in the first half of the current year [3] - Sales in the first half of the year were up in the mid-teens percentage-wise, despite flat volume compared to the previous year [3] Market Challenges - The North American residential market is currently facing challenges, leading to a reduction in volume forecasts [3] - Due to weakening demand observed in June and July, the company has adjusted its Q3 volume forecast to be down 15% compared to last year, indicating expectations for significantly lower volume in Q3 [3]