Core Insights - Carrier Global (CARR) is set to report its second-quarter 2025 results on July 29, with earnings estimated at 91 cents per share, reflecting a year-over-year increase of 4.60% [1] - Revenue estimates for the same quarter are projected at $6.06 billion, indicating a decline of 9.4% year-over-year [1] Group 1: Performance Expectations - Carrier Global has consistently surpassed the Zacks Consensus Estimate in the last four quarters, with an average surprise of 5.69% [2] - Strong momentum in Heating, Ventilating and Air Conditioning (HVAC) and aftermarket services is expected to drive revenue growth in Q2 [3] - Rising demand for heating and cooling systems in residential and commercial applications is likely to support performance in the HVAC segment [3] Group 2: Growth Drivers - The integration of Viessmann Climate Solutions is anticipated to enhance heat pump volumes and expand sustainable energy solutions [4] - Growth in the Americas is projected in the mid-teens range for Q2, attributed to favorable market conditions and capacity additions [4] - Aftermarket services, which include repair, maintenance, and replacement, have been experiencing double-digit growth and are expected to continue this trend [5] Group 3: Market Dynamics - Increased demand for data centers, driven by AI-related heat loads, is likely to support commercial HVAC upgrades [6] - However, challenges such as softness in light commercial markets and macroeconomic pressures in the Asia-Pacific region are expected to pose headwinds [6] Group 4: Earnings Outlook - According to the Zacks model, Carrier Global has an Earnings ESP of +0.76% and a Zacks Rank of 3, indicating a favorable outlook for an earnings beat [7] - The combination of positive earnings expectations and strong demand in HVAC and aftermarket services is likely to drive Q2 revenue growth [8]