Carrier Global Shares Drop Following $3.1 Billion Impairment Charge and Lowered Earnings Outlook
Carrier Global (CARR) shares fell 7.4% in premarket trading following the announcement of a significant $3.1 billion goodwill impairment charge. The company also revised its full-year earnings guidance downward, lowering the upper end of its previous forecast. Despite robust demand for climate-control solutions driven by the artificial intelligence data center boom, the substantial non-cash charge and adjusted outlook have weighed heavily on investor sentiment. The market appears to be prioritizing these immediate financial headwinds over the long-term growth potential offered by AI infrastructure.
Tickers: $CARR
Topics: earnings miss goodwill impairment guidance downgrade stock price drop