Carrier Global Plunges 8.21% on Mixed Q2 Earnings

On July 29, 2025, Carrier Global's stock experienced a significant drop of 8.21% in pre-market trading, reflecting investor concerns and market reactions to the company's recent financial performance.

Carrier Global Corp reported mixed Q2 2025 earnings, missing revenue estimates at $6.11 billion but matching earnings per share (EPS) at $0.92. The company's organic sales growth of 6% was driven by strong results in the Climate Solutions Americas segment, with Commercial HVAC sales up 45% and total company aftermarket sales showing robust performance.

Despite the strong performance in certain segments, weak international sales overshadowed the positive results, leading to a decline in the stock price. The company reaffirmed its earnings guidance for 2025, expecting sales of $23.0 billion for the year. Analysts provided mixed projections following the earnings report, with some expressing optimism about the company's long-term prospects while others remained cautious.