CARR · Carrier Global Q2 FY2026 earnings call record财报电话会记录

“Our total company backlog, which excludes orders that we expect from long-term agreements with hyperscalers and colos, is now over $8 billion, up about 40% versus last year and up 20% sequentially.”

“Our strong free cash flow enabled us to continue to invest in growth, and we returned about $640 million to shareholders.”

“Organic sales for the segment increased 4%.”

“Segment operating margin of 24.4% was ahead of our guide.”

“As expected, segment operating margin was about 12%.”

“We now expect full year sales to be roughly $23 billion, with organic growth up mid to high single-digits and full year data center revenue of approximately $2 billion versus $1.5 billion prior guide.”

“About $200 million of sales will drop out of our outlook versus the prior guide from the NORESCO divestiture, and relatively small changes across the other segments, which takes our sales outlook to about $23 billion for 2026.”

“Organic growth is expected to be about 10%, operating margin of about 16.5%, a 24% tax rate leading to about $0.75 of adjusted EPS.”

“From a margin point of view, margin of 16.5% driven by strong productivity and volume leverage, partially offset by investments, of course, tariff-related pricing.”

“Even though you're still dealing with higher interest rates, of course, and some pressure on the consumer, at the end of the day, there's pent-up demand in the United States for new homes.”

“There is huge demand from our customers.”

“Any concerns about things like double ordering over there, just given the amount of demand that you're seeing from customers?”