Carrier Global (CARR) Tops Q2 EPS by 8c, Updates FY Guidance

Carrier Global (NYSE: CARR) reported Q2 EPS of $0.33, $0.08 better than the analyst estimate of $0.25. Revenue for the quarter came in at $4 billion versus the consensus estimate of $3.72 billion.

GUIDANCE:

Carrier Global sees FY2020 revenue of $15.5-17 billion, versus the consensus of $15.78 billion.

• Adjusted operating profit of $1.8 to $2.0 billion, up from $1.7 to $2.0 billion
• Free cash flow of at least $1.1 billion, up from at least $1.0 billion

For earnings history and earnings-related data on Carrier Global (CARR) click here.

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