Stock Track | Carrier Global Soars 7.22% in Pre-market on Q4 Earnings Beat and Upbeat Outlook

Stock Track

2025/02/11

Carrier Global Corporation's stock surged 7.22% in the pre-market trading session on Tuesday. The surge came after the company reported better-than-expected fourth quarter 2024 earnings, despite slightly missing revenue estimates.

For the fourth quarter, Carrier Global reported adjusted earnings per share of $0.54, surpassing the analyst consensus estimate of $0.50. However, the company's sales of $5.148 billion fell short of analysts' expectations of $5.275 billion.

The company also provided an optimistic outlook for the full year 2025, forecasting an adjusted operating margin of 16.5% to 17% and free cash flow between $2.4 billion and $2.6 billion. This upbeat guidance likely contributed to the stock's pre-market surge.

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