Carrier Global Corp Q1 Income Drops

(RTTNews) - Carrier Global Corp (CARR) released a profit for first quarter that Drops, from the same period last year

The company's bottom line totaled $239 million, or $0.28 per share. This compares with $412 million, or $0.47 per share, last year.

Excluding items, Carrier Global Corp reported adjusted earnings of $482 million or $0.57 per share for the period.

The company's revenue for the period rose 2.4% to $5.341 billion from $5.218 billion last year.

Carrier Global Corp earnings at a glance (GAAP) :

-Earnings: $239 Mln. vs. $412 Mln. last year. -EPS: $0.28 vs. $0.47 last year. -Revenue: $5.341 Bln vs. $5.218 Bln last year.

-Guidance: Full year EPS guidance: $ 2.80 Full year revenue guidance: $ 22 B