Carrier (CARR) Q4 Earnings Beat Estimates, Revenues in Line

Carrier Global (CARR) reported fourth-quarter 2023 adjusted earnings of 53 cents per share, which surpassed the Zacks Consensus Estimate by 3.92%. The figure increased 32.5% year over year.Net sales of $5.10 billion missed the Zacks Consensus Estimate by 2.82% but remained unchanged year over year.Product sales (87% of net sales) of $4.44 billion decreased 1.9% year over year. Service sales (13% of net sales) of $661 million were up 14.4% year over year.Carrier shares were up 1.32% in pre-market trading. Th ...