Carrier (CARR) Q1 Earnings Beat Estimates, Revenues Up Y/Y

Carrier Global (CARR) reported first-quarter 2024 adjusted earnings of 62 cents per share, which surpassed the Zacks Consensus Estimate by 24%. The figure increased 19% year over year.Net sales of $6.18 billion missed the Zacks Consensus Estimate by 1.38% but increased 17.2% year over year.Product sales (89.6% of net sales) of $5.54 billion increased 18.3% year over year. Service sales (10.4% of net sales) of $640 million were up 9% year over year.Quarter DetailsHVAC revenues of $4.54 billion contributed 73 ...