Carrier Surpasses Profit Estimates Driven by Cooling System Demand

Reported about 5 hours ago

Carrier Global reported a fourth-quarter profit that exceeded expectations, fueled by strong demand for its HVAC products and repair services. The company experienced an 11% organic growth in its HVAC segment, especially in the Americas, as global temperature rises and air quality concerns led to increased air conditioner and purifier sales. The adjusted profit was 54 cents per share, surpassing analyst forecasts. Carrier anticipates a 2025 adjusted profit of $2.95 to $3.05 per share.

Source: YAHOO

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