Carrier Global Q2: Earnings Beat Estimates, Raises FY23 EPS Outlook
Portfolio Pulse from Nabaparna Bhattacharya
Carrier Global Corporation (NYSE:CARR) reported Q2 net sales of $5.99 billion, beating the consensus of $5.83 billion. The company also raised its FY23 EPS outlook to $2.55-$2.65 from the previous $2.50 - $2.60. Carrier's shares are trading higher by 2.99% to $56.06.
July 27, 2023 | 2:55 pm
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Carrier Global's Q2 earnings beat estimates and the company raised its FY23 EPS outlook, leading to a rise in its stock price.
Carrier Global reported better than expected Q2 results and raised its FY23 EPS outlook. This positive financial performance is likely to increase investor confidence, leading to a rise in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100