Carrier Global jumps after Q1 EPS and revenue beat, outlook reaffirmed

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Carrier Global shares are higher on April 30, 2026 after the company reported Q1 2026 adjusted EPS of $0.57 on revenue of $5.341 billion, both above consensus estimates. Carrier reaffirmed its full-year 2026 outlook, supporting a relief rally after the print.

1) What’s moving the stock

Carrier Global (CARR) is moving higher today (Thursday, April 30, 2026) after posting a first-quarter earnings beat. The company reported adjusted earnings of $0.57 per share versus $0.52 expected and revenue of $5.341 billion versus about $5.108 billion expected, which helped lift sentiment into the session. (quiverquant.com)

2) Key takeaways from the quarter

Alongside the beat, Carrier reaffirmed its full-year 2026 outlook, which investors often interpret as a sign that management sees demand and execution holding up despite a mixed HVAC backdrop. The company also highlighted the timing update around its Riello divestiture, now expected to close by the end of Q2 2026 (versus prior planning assumptions that it would close by the end of Q1 2026). (carrier.com)

3) What to watch next

With the stock reacting positively, attention now shifts to how Carrier sustains order momentum in faster-growing end markets like data-center cooling while navigating more rate-sensitive residential trends. Investors will also be watching any incremental commentary from the earnings call and subsequent filings for details on margins, cash generation, and capital return pacing versus its 2026 targets.