Carrier Global expects 2026 profit to miss estimates amid slowing demand for home heating and cooling
Carrier Global shares fell today after the company issued a 2026 profit forecast below estimates. Weak residential demand is currently offsetting its data center gains.
Insights:
Carrier Global Corporation on Thursday announced a full-year 2026 adjusted earnings per share forecast of $2.80, a figure that arrived below the average expectations of analysts. The company also reported weaker fourth-quarter sales and adjusted earnings per share than anticipated. This combination of a lower-than-expected forecast and a quarterly shortfall triggered an immediate decline of nearly 7% in the shares of Carrier Global Corporation during premarket trading in the US 
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US.The company attributed the results to soft demand within the residential HVAC sector, which it linked to ongoing weakness in the North American housing market. These factors indicate significant pressure on margins and near-term growth for Carrier Global Corporation and reflect a broader weakening of momentum in the residential HVAC segment. The guidance provided to LSEG highlights the challenges the manufacturer faces in its core residential business.
