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Update: Carrier Global Shares Rise After Q1 Beat

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(Updates with the latest stock price movement in the headline and first paragraph.)

Carrier Global (CARR) shares rose 9.4% in Thursday trading after its Q1 adjusted earnings and revenue exceeded market expectations.

The company reported Q1 adjusted earnings Thursday of $0.57 per diluted share, down from $0.65 a year earlier.

Analysts surveyed by FactSet expected $0.51.

Revenue for the quarter ended March 31 was $5.34 billion, up from $5.22 billion a year earlier.

Analysts polled by FactSet expected $5.01 billion.

Carrier Global reaffirmed its full-year 2026 adjusted earnings outlook of $2.80 per share. Analysts polled by FactSet expect $2.78.

The company also reaffirmed its full-year sales outlook of about $22 billion. Analysts surveyed by FactSet expect $21.93 billion.

Price: $67.57, Change: $+5.83, Percent Change: +9.44%

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