PALM BEACH GARDENS, Fla. (AP) — PALM BEACH GARDENS, Fla. (AP) — Carrier Global Corporation (CARR) on Thursday reported second-quarter net income of $2.34 billion.

The Palm Beach Gardens, Florida-based company said it had net income of $2.55 per share. Earnings, adjusted for one-time gains and costs, were 87 cents per share.

The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 85 cents per share.

The company posted revenue of $6.69 billion in the period, falling short of Street forecasts. Four analysts surveyed by Zacks expected $7.05 billion.

Carrier Global expects full-year earnings in the range of $2.80 to $2.90 per share.

Carrier Global shares have increased 15% since the beginning of the year. The stock has risen 23% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CARR at https://www.zacks.com/ap/CARR