CARR · PEAD → 2

Carrier Global reported Q1 2026 EPS of $0.57 on 2026-04-30, beating the $0.51 consensus by $0.06 (+11.8%).

Print-day reaction was +8.8% versus the prior close, a sharp gap-and-hold on earnings morning that took CARR well above its pre-announcement range. The overnight gap to the T+1 open was a negligible +0.04%, suggesting the initial enthusiasm neither accelerated nor faded in after-hours trade. Over days 1–3 the stock gave back –5.1%, reversing a meaningful portion of the print-day gain. Cumulative abnormal return of +2.2% versus SPY.US sits inside the ±3% threshold; PEAD verdict is none, conviction 2 — the drift signal is inconclusive through the holding window ending 2026-07-28.