MarketBeat
30 Oct 2026, 05:14 UTC · 1h ago
What Carrier Global (CARR) Said on Its Q3 Earnings Call
Impact · against what's priced in
Carrier is seeing a massive acceleration in data-center demand and an unexpected recovery in US residential volume, though these gains are partially offset by $800 million in input-cost and tariff headwinds. The scale of the data-center backlog and the decision to double Americas capacity suggest a long-term growth trajectory significantly above previous expectations.
- CARR+0.50
No priced-in read yet
- In context
Data-center orders surged 300% in Q3 with YTD orders exceeding $3 billion, making the $2 billion annual target highly secure. While $800 million in input-cost headwinds persist, a revenue outlook raise to nearly $24 billion and a significant increase in US residential market volume expectations (7.5-8M units vs <7M) provide strong top-line momentum.
