Equity intelligence report • May 20, 2026
Carrier Global Corporation recorded strong fiscal Q1 2026 earnings of $5.34 billion, a 2.36% year-over-year growth, accompanied by a staggering 500% increase in data center orders. Despite missing earnings expectations with a GAAP EPS of $0.28, analysts raised price targets for the company, which aims for total sales of around $22 billion for the year. This follows an earlier report highlighting adjusted earnings of $0.57 per share and significant growth in digital subscriptions for its Lynx cold chain solutions, reflecting Carrier’s successful pivot towards core climate solutions amidst market challenges.
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