NYSE:CARRBuilding
Carrier (CARR): Earnings Decline and Margin Compression Challenge Bullish Growth Narrative
Carrier Global (CARR) reported that earnings have declined by 11.7% per year over the past five years, and net profit margins now sit at 6.3%, below last year's 7.3%. Despite these headwinds, the company’s earnings are projected to grow at an impressive 23.5% per year, outpacing the broader US market’s 15.6% forecast. Investors are weighing the promise of accelerating earnings growth against the backdrop of historical profit declines and ongoing balance sheet concerns.
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