Carrier Global Soars 5.51% on Earnings Beat

Carrier Global's stock surged 5.51% in pre-market trading on May 1, 2025, driven by strong quarterly earnings and an optimistic outlook for the year ahead.

Carrier Global reported a significant increase in its first-quarter profit, with earnings totaling $412 million, or $0.47 per share, compared to $269 million, or $0.29 per share, in the same period last year. The company's adjusted earnings per share for the quarter were $0.54, surpassing analysts' consensus estimates of $0.51 by $0.03.

Looking ahead, Carrier Global raised its full-year 2025 guidance, now expecting adjusted earnings per share between $3.00 and $3.10, up from the previous forecast range of $2.95 to $3.05. The company also anticipates full-year revenue of $23.00 billion, exceeding the analyst consensus of $22.65 billion.

Carrier Global's strong performance and optimistic outlook have bolstered investor confidence, contributing to the stock's pre-market surge. The company's ability to exceed earnings estimates and raise its guidance for the year has positioned it favorably in the market.