Carrier Global (CARR) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates

Carrier Global (CARR) reported $5.15 billion in revenue for the quarter ended December 2024, representing a year-over-year increase of 0.9%. EPS of $0.54 for the same period compares to $0.53 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $5.33 billion, representing a surprise of -3.48%. The company delivered an EPS surprise of +5.88%, with the consensus EPS estimate being $0.51.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.Here is how Carrier Global performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Net Sales- HVAC: $4.51 billion versus the five-analyst average estimate of $4.39 billion. The reported number represents a year-over-year change of +36.9%. Net Sales- Refrigeration: $680 million compared to the $734 million average estimate based on five analysts. The reported number represents a change of -33.6% year over year. Net Sales- Eliminations and other: -$41 million versus -$42.54 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -66.9% change. Adjusted Operating profit- Refrigeration: $82 million compared to the $90.88 million average estimate based on four analysts. Adjusted Operating profit- HVAC: $658 million versus $662.08 million estimated by four analysts on average. View all Key Company Metrics for Carrier Global here>>>Shares of Carrier Global have returned -1.3% over the past month versus the Zacks S&P 500 composite's +4.2% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.Only $1 to See All Zacks' Buys and SellsWe're not kidding.Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent.Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services like Surprise Trader, Stocks Under $10, Technology Innovators,and more, that closed 256 positions with double- and triple-digit gains in 2024 alone.See Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Carrier Global Corporation (CARR): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks