Yahoo Finance Carrier Global Full Year 2022 Earnings: EPS Misses Expectations
Carrier Global (NYSE:CARR) Full Year 2022 Results
Key Financial Results
Revenue: US$20.4b (flat on FY 2021).
Net income: US$3.53b (up 112% from FY 2021).
Profit margin: 17% (up from 8.1% in FY 2021).
EPS: US$4.19 (up from US$1.92 in FY 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Carrier Global EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.1%.
Looking ahead, revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Building industry in the US.
Performance of the American Building industry.
The company's shares are down 4.4% from a week ago.
Risk Analysis
Before you take the next step you should know about the 5 warning signs for Carrier Global (2 are significant!) that we have uncovered.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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