Carrier Sees FY23 Adj. EPS $2.55-$2.65 Vs $2.58 Est
Portfolio Pulse from Benzinga Newsdesk
Carrier Global Corp. has provided its adjusted earnings per share (EPS) guidance for FY23, which is expected to be between $2.55 and $2.65. This is slightly below the estimated $2.58.
July 27, 2023 | 10:59 am
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Carrier Global Corp.'s FY23 adjusted EPS guidance is slightly below the estimated $2.58, which may impact investor sentiment.
The company's earnings per share (EPS) is a key indicator of its profitability. A lower than expected EPS often leads to a negative market reaction as it indicates that the company may not be as profitable as expected. Therefore, this news may have a negative impact on Carrier's stock price in the short term.
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