Quarterly ResultJul 28, 2026, 02:11 PM
Carrier Q2 Diluted EPS $0.60, Net Sales $6.35B; Riello Sale Completed
AI Summary
Carrier Global Corporation reported mixed financial results for Q2 2026, with total net sales increasing to $6.35 billion, while diluted EPS from continuing operations decreased to $0.60. The company also announced the completion of the sale of its Riello business on July 1, 2026, for approximately $430 million. Additionally, Carrier repurchased $748 million worth of common stock and declared a cash dividend of $0.48 per share during the quarter.
Key Highlights
- Riello business sale completed on July 1, 2026, for approximately $430 million.
- Q2 2026 diluted EPS from continuing operations was $0.60, down from $0.70 in Q2 2025.
- Q2 2026 total net sales increased to $6.35 billion from $6.11 billion in Q2 2025.
- Net earnings attributable to common shareowners for Q2 2026 were $501 million.
- Repurchased 12.0 million shares for $748 million during the first half of 2026.
- Declared cash dividend of $0.48 per share for the three months ended June 30, 2026.
- Operating profit for Q2 2026 was $825 million, down from $903 million in Q2 2025.
Price Impact
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