Carrier Global's Quarterly Earnings Preview: What You Need to Know

Company Overview - Carrier Global Corporation (CARR) was founded in 2019 and specializes in advanced heating, ventilation, refrigeration, air conditioning, fire, security, and building automation technologies globally. The company has a market capitalization of $47.4 billion and operates through the HVAC and Refrigeration segments [1]. Earnings Expectations - Carrier Global is expected to release its Q4 2025 earnings soon, with analysts anticipating a profit of $0.39 per share, which represents a decline of 27.8% from $0.54 per share in the same quarter last year. The company has exceeded Wall Street's earnings expectations in each of the past four quarters [2]. - For fiscal 2025, analysts expect CARR to report an EPS of $2.64, reflecting a nearly 3.1% increase from $2.56 in fiscal 2024. EPS is projected to grow 9.5% year over year to $2.89 in fiscal 2026 [3]. Stock Performance - CARR stock has declined by 16.7% over the past 52 weeks, underperforming the S&P 500 Index, which rose by 19.7%, and the State Street Industrial Select Sector SPDR ETF, which returned 24.2% during the same period [4]. Dividend Announcement - On December 3, CARR stock rose by 1.5% following the announcement of a $0.24 per-share quarterly dividend, which represents a 200% increase since early 2020. This reflects the company's disciplined approach to capital allocation and commitment to shareholder value. The dividend is set to be payable on February 9 [5]. Analyst Ratings - Analysts maintain a cautiously optimistic consensus opinion on CARR, with a "Moderate Buy" rating overall. Among 23 analysts, 11 recommend a "Strong Buy," one a "Moderate Buy," and 11 suggest a "Hold." The average analyst price target for CARR is $72.05, indicating a potential upside of 30.1% from current levels [6].