🔴 Carrier Global is trading 5.3% down today as lower operating profit sparks profit-taking

Carrier Global is trading 5.3% down at $65.65 as investors digest a decline in operating profit and higher tax rates despite a Q2 earnings beat.

• The company surpassed revenue and EPS estimates and raised its full-year 2026 sales and earnings guidance.
• A year-over-year drop in operating profit and higher tax rates are weighing on sentiment, leading to profit-taking after a recent rally in the share price.