From BigGo Finance · BigGo Finance · · 50s
Carrier Raises 2026 Revenue Forecast
Carrier Global lifts 2026 revenue outlook after data center orders triple, shares rise 4%.
In brief
Carrier Global lifts 2026 revenue outlook after data center orders triple, shares rise 4%. Carrier Global raised its 2026 revenue forecast to $24 billion as data center orders tripled, lifting shares 4.3%. Originally reported by BigGo Finance.
Carrier Global Q3 Results
Carrier Global beat third-quarter estimates with adjusted EPS of $0.87 on revenue of $6.26 billion, up 12% year over year.
2026 Revenue Forecast Raised
Carrier raised its 2026 revenue guidance to $24 billion, above the $23.33 billion consensus.
Data Center Orders Triple
Data center orders surged approximately 300%, lifting the backlog past $8.5 billion.
Backlog Growth
Total orders rose about 35%, with commercial hvac orders up 60% and data center orders up 300%.
Adjusted Operating Margin
Adjusted operating margin expanded 260 basis points to 17.4%.
Shares Rise 4.3%
Shares rose 4.3% after the earnings report.
The takeaway
Carrier Global raised its 2026 revenue forecast to $24 billion as data center orders tripled, lifting shares 4.3%.
