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Carrier Global Corporation (CARR), headquartered in Palm Beach Gardens, Florida, provides heating, ventilation, air conditioning, refrigeration, fire, security, and building automation technologies internationally. Valued at $56.98 billion by market cap, the company also provides building services such as audit, design, installation, system integration, repair, maintenance, and monitoring. The HVAC major is expected to announce its fiscal second-quarter earnings for 2024 on Thursday, July 25.
Ahead of the event, analysts expect CARR to report a profit of $0.85 per share on a diluted basis, up 7.6% from $0.79 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in its last four quarterly reports.