08:01 AM EDT, 04/25/2024 (MT Newswires) -- Carrier Global ( CARR ) reported Q1 adjusted earnings Thursday of $0.62 per diluted share, up from $0.52 a year earlier.

Analysts polled by Capital IQ expected $0.50.

Net sales for the quarter ended March 31 were $6.18 billion, up from $5.27 billion a year earlier.

Analysts surveyed by Capital IQ expected $6.33 billion.

The company said it continues to expect 2024 adjusted EPS of $2.80 to $2.90. Analysts polled by Capital IQ are looking for $2.83.

Sales for the current year are now projected to be $26 billion, compared with the prior guidance of $26.5 billion, the company said. Analysts surveyed by Capital IQ expect $26.23 billion.

Shares of Carrier Global ( CARR ) were up nearly 5% in recent Thursday premarket activity.

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