The company is based in Palm Beach Gardens, Florida and has 53,000 employees. CARR shares are a component of the S&P 500. U.S. stocks rose on Thursday ahead of the April jobs report due out on Friday. U.S. stocks rose on Thursday ahead of the April jobs report due out on Friday.
How does carrier Global Corporation report its financial results?
Carrier Global Corporation (“Carrier”) reports its financial results in accordance with accounting principles generally accepted in the United States ("GAAP"). We supplement the reporting of our financial information determined under GAAP with certain non-GAAP financial information.
What is carrier's adjusted earnings per share?
Carrier increased the lower end of the guidance for adjusted earnings per share from $2.25-$2.35 to $2.30-$2.35. The Zacks Consensus Estimate for the same is pegged at $2.32 per share. Carrier now expects its adjusted operating margin to expand 60 bps from the year-ago reported number.
