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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

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Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

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Carrier Global

Carrier Global Corp. is a provider of HVAC, security and building automation technologies. The company operates through the following segments: HVAC, Refrigeration, and Fire and Security. The HVAC segment provides products, controls, services and solutions to meet the heating and cooling and ventilation needs of residential and commercial customers. The Refrigeration segment includes transport refrigeration and monitoring products, services, and digital solutions for trucks, trailers, shipping containers, intermodal and rail, as well as commercial refrigeration products. The Fire and Security segment provides a range of residential, commercial and industrial technologies and systems, and service solutions to protect people and property, including fire, flame, gas, smoke and carbon monoxide detection, portable fire extinguishers, fire suppression systems, intruder alarms, access control systems and video management systems, and electronic controls. The company was founded by Willis Carrier on June 26, 1915 and is headquartered in Palm Beach Gardens, FL.

Earnings data Q1 2021

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Earnings data Q3 2021

Earnings data Q4 2021

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Earnings data Q1 2023

Earnings data Q2 2023

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Earnings data Q1 2024

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Earnings data Q4 2024

Carrier Global meets Q4 expectations, eyes growth amidst challenges

Carrier Global's Q4 performance met expectations, with a focus on key trends driving demand and strategic growth initiatives.
While facing challenges in Q1, opportunities lie in demand-driving incentives, strong order bookings, and pricing strategies.
The company remains optimistic for 2023, expecting solid growth, margin expansion, and improved refrigeration segment performance.
Strategic collaborations, productivity focus, and supply chain management are key strengths for future growth and optimization.

Carrier Global excels in Q1, acquires Viessmann for climate leadership

Carrier Global's strong Q1 performance and strategic acquisitions position it as a leader in climate solutions
Viessmann acquisition brings significant synergies and growth opportunities in renewable energy markets
Exiting non-core businesses to focus on HVAC underscores commitment to sustainable growth and operational excellence
Maintaining financial strength while pursuing growth initiatives highlights strategic balance and long-term vision

Carrier Global reports robust Q2 results, eyes sustainability and growth

Carrier Global's Q2 performance reflects strong sales growth and financial metrics, prompting an upward revision of full-year guidance across key indicators.
While facing challenges in lead times and backlog levels, the company's strategic strengths in sustainability, aftermarket solutions, and acquisitions position it for future growth.
Amidst operational hurdles, Carrier Global remains focused on addressing supply chain issues, seizing growth opportunities in key markets, and enhancing operational efficiency through technology investments.

Carrier Global (CARR) excels in Q3, eyes growth and acquisitions

Carrier Global (CARR) delivered a strong Q3 performance, positioning itself for continued growth in 2023 and beyond. With a focus on aftermarket revenue, margin expansion, and strategic acquisitions, the company is navigating challenges while capitalizing on opportunities in various segments.

Carrier Global reports strong Q4 earnings, eyes growth in China

Carrier Global demonstrated robust financial performance in Q4 2023 and 2023, driven by operational efficiency and strategic initiatives.
While facing short-term sales challenges and integration risks, the company remains well-positioned with diversified revenue streams and growth opportunities.
Opportunities in segment expansion, revenue synergies, and market diversification present avenues for sustained growth and profitability.
Strategic focus on sustainability, operational resilience, and market expansion underpin Carrier Global's outlook for continued success and value creation.

Carrier Global (CARR) surpasses Q1 expectations, eyes sustainability and growth

Carrier Global (CARR) exceeded Q1 expectations with strong financial performance, particularly in the HVAC segment. The company is strategically focusing on sustainability solutions, data center market opportunities, and aftermarket growth. Challenges include declines in certain segments and total company orders, but opportunities for growth and transformation are being actively pursued.

Carrier Global (CARR) reports strong Q2 performance and growth strategies

Carrier Global (CARR) showcased robust performance, strategic focus on growth, and operational efficiency improvements
The company's emphasis on innovation and market leadership in intelligent climate solutions is a key strength
While facing challenges in certain segments, Carrier Global is well-positioned to capitalize on growth opportunities
Overall, Carrier Global's Q2 2024 earnings call highlights a positive trajectory and strategic direction

Carrier Global (CARR) reports strong Q3 performance and sustainability focus

Carrier Global (CARR) delivered a solid performance in Q3 2024, with a focus on execution, growth, and value creation. The company is on track with its vision to lead in intelligent climate and energy solutions, while emphasizing innovation and sustainability initiatives.

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Carrier Global Corp. engages in the provision of building and cold chain solutions. It also offers heating, ventilating, and air conditioning (HVAC), refrigeration, fire, security, and building automation technologies. The firm operates through the following segments: HVAC, Refrigeration, and Fire & Security. The HVAC segment provides products, controls, services, and solutions to meet the heating, cooling, and ventilation needs of residential and commercial customers. The Refrigeration segment includes transport refrigeration and monitoring products, services, and digital solutions for trucks, trailers, shipping containers, intermodal and rail, and commercial refrigeration products. The Fire & Security segment provides a range of residential, commercial, and industrial technologies to protect people and property. The company was founded by Willis Haviland Carrier on June 26, 1915 and is headquartered in Palm Beach Gardens, FL.

Carrier Global Corp. is completing its transformation into a focused HVAC and transport refrigeration company, with higher growth and exposure to secular trends. The 9% price drop post-earnings release seems unjustified, given the guidance reduction was only because of a divestment, not a change in the ongoing business. North American HVAC growth remains strong, and Viessmann's performance is improving with resumed German heat pump subsidies, contributing to a positive 2025 outlook.

Carrier Global Q3: Don't Lose Your Cool Over Updated Guidance

I reiterate a 'Strong Buy' rating for Carrier Global, driven by their transformation into a climate and energy solutions pure play and robust order growth. Carrier Global's 4% organic revenue growth and 20% order growth, alongside divestitures and AFFF settlement, support strong business expansion in FY25. The company projects 3% organic revenue growth and 150bps margin expansion for FY24, with significant growth potential in the HVAC market.

Carrier Global Q3: Strong Orders Supporting FY 2025 Growth

CARR's third-quarter 2024 results reflect strength in the HVAC Segment, but missed earnings estimates and lowered guidance raise concern.

Carrier Global Misses Q3 Estimates: Will FY24 Outlook Drag Shares Down?

Carrier Global (CARR) shares tumbled Thursday as the manufacturer of air conditioners and building automation systems posted lower-than-expected sales and cut its guidance as it moved to exit its Fire & Security business.

Carrier Global Stock Cools on Soft Sales, Guidance Cut

The headline numbers for Carrier Global (CARR) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Carrier Global (CARR) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

Carrier Global Corporation (NYSE:CARR ) Q3 2024 Earnings Conference Call October 24, 2024 7:30 AM ET Company Participants Samuel Pearlstein - Vice President of Investor Relations, CFO of Fire & Security segment David Gitlin - Chairman & Chief Executive Officer Patrick Goris - Senior Vice President & Chief Financial Officer Conference Call Participants Jeffrey Sprague - Vertical Research Partners Julian Mitchell - Barclays Andrew Kaplowitz - Citigroup Nigel Coe - Wolfe Research Deane Dray - RBC Capial Markets Joe Ritchie - Goldman Sachs Stephen Tusa - JPMorgan Noah Kaye - Oppenheimer Andrew Obin - BofA Securities Chris Snyder - Morgan Stanley Operator Good morning, and welcome to Carrier's Third Quarter 2024 Earnings Conference Call. I would like to introduce your host for today's conference, Sam Pearlstein, Vice President of Investor Relations and CFO of the Fire & Security segment.

Carrier Global Corporation (CARR) Q3 2024 Earnings Call Transcript

Carrier Global (CARR) came out with quarterly earnings of $0.77 per share, missing the Zacks Consensus Estimate of $0.81 per share. This compares to earnings of $0.89 per share a year ago.

Carrier Global (CARR) Lags Q3 Earnings and Revenue Estimates

Fire & Security segment now reported as discontinued operations making prior guidance not comparable Net sales of $6.0 billion up 21% versus third quarter 2023; organic sales up 4% GAAP EPS from continuing operations of $0.62 and adjusted EPS from continuing operations of $0.77 Total GAAP EPS of $0.49 and adjusted EPS of $0.83 Final business exit on-track to close around year end Board increases remaining share repurchase authorization to $4.7 billion Updated full year guidance to reflect the impact of discontinued operations PALM BEACH GARDENS, Fla. , Oct. 24, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, today reported strong financial results for the third quarter of 2024 and adjusted its full year guidance to reflect the move of the Fire & Security segment to discontinued operations.

Carrier Reports Strong Third Quarter 2024 Results

CARR's third-quarter 2024 performance is likely to reflect strength in the Heating, Ventilating and Air Conditioning segment business and aftermarket services.

Carrier Global Ahead of Q3 Earnings: Should You Invest in the Stock?

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Carrier Global (CARR), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended September 2024.

Seeking Clues to Carrier Global (CARR) Q3 Earnings? A Peek Into Wall Street Projections for Key Metrics

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3 Electronics Stocks to Buy From a Prospering Industry

Carrier Global (CARR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Carrier Global (CARR) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

Does Carrier Global (CARR) have what it takes to be a top stock pick for momentum investors? Let's find out.

Here's Why Carrier Global (CARR) is a Great Momentum Stock to Buy

Here is how Carrier Global (CARR) and Garmin (GRMN) have performed compared to their sector so far this year.

Are Computer and Technology Stocks Lagging Carrier Global (CARR) This Year?

PALM BEACH GARDENS, Fla. , Oct. 10, 2024  /PRNewswire/ -- Carrier Global Corporation (NYSE:CARR), global leader in intelligent climate and energy solutions, announced today that its Board of Directors declared a quarterly dividend of $0.19 per outstanding share of Carrier common stock.

Carrier Board of Directors Declares Quarterly Cash Dividend

PALM BEACH GARDENS, Fla. , Oct. 8, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, will release its third quarter 2024 earnings on Thursday, October 24, 2024 and host a conference call and webcast at 7:30 a.m.

Carrier Third Quarter 2024 Earnings Advisory

CARR launches Carrier Abound, transforming EcoEnergy Insights to deliver AI-driven solutions for smarter, sustainable building management and asset efficiency.

Can Carrier's Rebranding of EcoEnergy Insights Push the Stock Higher?

The brand is joining forces with Multi-Platinum Recording Artist and mom Jordin Sparks  to champion the importance of fire safety with the "Living Jingle" MEBANE, N.C. , Oct. 8, 2024 /PRNewswire/ -- Kidde, a trusted leader in fire safety for more than 100 years, has introduced the next phase of its Cause For Alarm TM campaign, focused on helping families prioritize fire safety.

Kidde Releases Powerful Plea from Child House Fire Survivors for Its Cause For Alarm Campaign

Carrier aligns its EcoEnergy Insights' suite of solutions under Carrier Abound to accelerate positioning as a global leader in intelligent climate and energy solutions  PALM BEACH GARDENS, Fla. , Oct. 7, 2024  /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, announced today that its EcoEnergy Insights™ business will now go to market globally as Carrier Abound™.

Marking a Pivotal Step in Transformation Journey, Carrier Integrates its EcoEnergy Insights™ and Abound™ Digital Solutions

Carrier Global (CARR) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Will Carrier Global (CARR) Beat Estimates Again in Its Next Earnings Report?

CARR's shares are driven by strong growth from acquisitions and robust HVAC demand, but weakness in Europe and China raises caution.

Carrier Global Rises 38% YTD: Buy, Sell or Hold the Stock?

FRANKFURT, Germany and QINGDAO, China , Oct. 2, 2024 /PRNewswire/ -- October 1st 2024 (Beijing time), Haier Smart Home Co., Ltd. (listed on the Shanghai, Hong Kong, and Frankfurt stock exchanges; stock tickers: 600690.SH, 6690.HK, 690D.DE), a global leader in consumer electronics and home appliances, announced the successful completion of its acquisition of Carrier Commercial Refrigeration from Carrier Global Corporation (NYSE: CARR) for an enterprise value of approximately $775 million.

Haier Smart Home Successfully Completes Acquisition of Carrier Commercial Refrigeration

PALM BEACH GARDENS, Fla. , Oct. 2, 2024 /PRNewswire/ --  Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, today announced it has completed the sale of its commercial refrigeration business to its decades-long joint venture partner Haier (SSE: 600690) for an enterprise value of $775 million, including approximately $200 million of net pension liabilities.

Carrier Completes $775M Sale of its Commercial Refrigeration Business to Haier

Carrier's commitment to climate action and sustainable innovation takes center stage at the event in partnership with FT Live and JLL. PALM BEACH GARDENS, Fla.

Carrier Hosts Climate Summit Focused on Building Resilience and Advancing Sustainability in the Built Environment

PALM BEACH GARDENS, Fla. , Sept. 17, 2024 /PRNewswire/ -- Sustainability is rising to the top of U.S. corporate agendas, with building decarbonization emerging as a critical focus for the years ahead, according to a new survey conducted by Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions.

News for Carrier Global Stock (CARR)