Carrier rises after Q1 profit estimate beat, raises 2025 forecast
ReutersMay 1, 2025 11:57 AM
Carrier Global CARR.N shares up 6.8% to $67 premarket
Co raises 2025 forecast anticipating strong demand for its heating, ventilating and air conditioning products and aftermarket repair services
CARR reports Q1 adj profit of 65 cents/share vs analysts average estimates of 58 cents/share, as per data compiled by LSEG
Co expects full-year adj profit to be $3.00 to $3.10/share, compared to $2.95 to $3.05/share
15 of 25 brokerages rate the stock "buy" or higher, 10 "hold"; their median PT is $74.80- LSEG
As of last close, stock had fallen 8.4% YTD
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