earnings
confidence high
sentiment negative
materiality 0.85
Carrier cuts FY2025 guidance; Q3 adjusted EPS $0.67 vs $0.77 YoY, sales down 7%
CARRIER GLOBAL Corp
2025-Q3 EPS reported
$1.65
revenue$16,910,000,000
- Q3 net sales $5.579B (-7% YoY); organic -4%; GAAP EPS $0.47, adjusted EPS $0.67 (-13%).
- CSA Residential volumes down ~30%; Commercial HVAC up 30% in Americas.
- Full-year guidance cut: sales ~$22B (was ~$23B), adj EPS ~$2.65 (was $3.00-3.10).
- Free cash flow guidance lowered to ~$2B from $2.4-2.6B; YTD returned $3B to shareholders.
- Board approved $5B share repurchase authorization, bringing total to ~$5.8B.