Carrier Global (CARR) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $0.87
- Estimate
- $0.77
- Surprise
- +13.4%
- Revenue (period 2026-09-30)
- $6.26B
- Score today
- 4.8/10
Revenue source: xbrl.
How the report landed
Carrier Global (CARR) beat the $0.77 estimate with adjusted EPS of $0.87 — a large 13.4% upside surprise.
Coverage in the report window
- Evercore ISI Group Maintains Outperform on Carrier Global, Lowers Price Target to $75 — benzinga, 2026-10-30
- Carrier Global Q3 2026 Earnings Call Transcript — benzinga, 2026-10-29
- Carrier Global Corporation Reports Third Quarter 2026 Financial Results — fiscal.ai, 2026-10-29
Where TrendMatrix's rating stands now
TrendMatrix currently rates CARR Sell at 4.8/10; no pre/post engine snapshot brackets this report.
3 of the last 4 quarters beat the estimate; this quarter's +13.4% surprise compares with a +6.5% four-quarter average.
What argues against it
- Concentration risk — Geographic: international operations (52.0%)
- Quality below floor (3.5 < 4.0)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $55.54
- Price target
- $65.31
- Stop
- $52.52
- Upside to target
- +17.6%
- Reward-to-risk
- 3.2:1
The stock trades at 40.2× trailing but 17.0× forward earnings — consensus estimates already build in a substantial earnings recovery.
Risk check: trading volume is running 2.0× its average — elevated turnover around the report window.
Model outputs from TrendMatrix’s engine as of 2026-10-30 — shown for context, not personalized investment advice.
CARR at TrendMatrix's latest read
Industrial quarters are order-book stories — backlog and book-to-bill color how the market reads the reported number.
- Industry
- Building Products & Equipment
- Market cap
- $46.13B
- P/E (fwd)
- 17.0
- P/E (ttm)
- 40.2
- 52-week range
- $50.24–$76.76
- Off 52-week high
- 27.6%
- RSI (14)
- 51
- Volume vs avg
- 2.05×
- Score today
- 4.8/10