Q2 2026 Carrier Global Corp Earnings Call Transcript
Key Points
- Carrier Global Corp (CARR) reported strong orders with a 40% increase, particularly in Commercial HVAC, which saw a 65% rise.
- The company raised its full-year guidance on sales, operating profit, and EPS due to better-than-expected first-half results.
- Carrier Global Corp (CARR) announced a new facility in India and plans for a new site in the US to meet increasing demand.
- The acquisition of 75F is expected to enhance Carrier's BMS capabilities, expanding its total addressable market by about $20 billion.
- The company's data center sales outlook has been increased to about $2 billion, marking the second consecutive year of doubling sales in this vertical.
- Carrier Global Corp (CARR) experienced a decline in adjusted EPS by 7%, driven by lower operating profit and a higher effective tax rate.
- Segment margins in Europe were disappointing due to unfavorable mix and selling investments.
- The Global Truck/Trailer segment continues to face pressure, with sales down in the low teens.
- The company is facing challenges with unfavorable mix and increased input costs impacting margins.
- There is uncertainty regarding the timing of recovery in the Global Truck/Trailer market, with pent-up demand expected to impact 2027.
Good morning and welcome to Carrier's second quarter 2026 earnings conference call.
I would like to introduce your host for today's conference, Michael Rednor, Vice President, Investor Relations. Please go ahead.
Good morning and welcome to Carrier's second quarter 2026 earnings conference call.
On the call with me today are David Gitlin, Chairman and Chief Executive Officer and Patrick Goris, Chief Financial Officer.
Except where otherwise noted, the company will speak to results from continuing operations, excluding restructuring costs, and certain significant non-recurring items. A reconciliation of these and other non-GAAP financial measures can be found in the appendix of the webcast. We also remind listeners that the presentation contains forward-looking statements, which are subject to risks and uncertainties. Carrier's SEC filings, including our Form 10-K and quarterly reports on Form 10-Q provide details on important factors that could cause actual
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
