Carrier Global First Quarter 2025 Earnings: EPS Beats Expectations

Simplywall
2025.05.06 12:46
portai
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Carrier Global reported its Q1 2025 earnings, with revenue at $5.22 billion, down 3.7% from Q1 2024, but net income surged 133% to $412 million. EPS reached $0.47, exceeding expectations by 11%. The company forecasts a 5.1% annual revenue growth over the next three years. Despite a 17% increase in share price recently, two warning signs for investors have been identified. The earnings report aligns with analyst estimates, while the Building industry in the US is projected to grow at 5.4%.