Carrier Global Reports Q3 Earnings Beat and Increases FY26 Outlook
Carrier Global (CARR) reported third-quarter financial results that exceeded analyst expectations for both top-line revenue and bottom-line earnings. The company posted non-GAAP earnings per share of $0.87, surpassing estimates by $0.10, while revenue reached $6.26 billion, representing a 12.2% year-over-year increase. Strong organic growth was a highlight of the quarter, with sales rising by 15%. The company also demonstrated robust cash generation, reporting net cash flows from operating activities of $813 million and free cash flow of $674 million. Following these results, Carrier Global has updated its financial outlook for fiscal year 2026.
Tickers: $CARR
Topics: earnings beat free cash flow organic sales revenue growth
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