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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

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 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.

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.

Carrier Survey: U.S. Executives Prioritize Sustainability for 2025, with Building Decarbonization Leading the Way

Consumers in northern regions can use incentives such as rebates and tax credits ranging from around $2,000 - $8,000 depending on location and eligibility to purchase these high-efficiency units. INDIANAPOLIS , Sept.

Carrier Completes Department of Energy's Cold Climate Heat Pump Challenge: Transformative Innovation Set for 2024 Commercial Rollout

American Electric Power Company

Waste Management

American Electric Power can put a jolt in investors' passive income streams with its high-yield dividend. The growth transformation of the heating, ventilation, and air-conditioning company Carrier Global is almost complete.

These 3 Dividend Stocks Are Beating the S&P 500 and Nasdaq Composite in 2024, and They Could Still Have More Room to Run

Carrier Global Corporation (NYSE:CARR ) Morgan Stanley's 12th Annual Laguna Conference September 11, 2024 11:10 AM ET Company Participants David Gitlin - Chairman & CEO Patrick Goris - SVP & CFO Conference Call Participants Christopher Snyder - Morgan Stanley Cedar Ekblom - Morgan Stanley Christopher Snyder All right. Thanks, everybody.

Carrier Global Corporation (CARR) Morgan Stanley's 12th Annual Laguna Conference (Transcript)

Carrier Global's stock has surged 24% since February 2024, outperforming the S&P 500, and I reiterate a 'Strong Buy' rating with a fair value of $88 per share. Carrier's strategic divestitures and acquisition of Viessmann Climate Solutions enhance focus on high-growth climate and energy solutions, boosting organic revenue growth and debt reduction. Despite near-term challenges in the European heat pump market and China's property sector, Carrier's aftermarket business shows strong growth potential, reducing overall volatility.

Carrier Global: Transforming Into Pure Play In Climate And Energy Solutions

PALM BEACH GARDENS, Fla. , Aug. 28, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR) Chairman & CEO David Gitlin and Senior Vice President & CFO Patrick Goris will speak at the 12th Annual Morgan Stanley Laguna Conference on Wednesday, September 11, 2024 at 11:10 a.m.

Carrier to Present at Morgan Stanley's 12th Annual Laguna Conference

Arch Capital

This HVAC stock hit a buy point and record high Friday. An insurance stock hit a high and is in a buy zone.

Carrier Global, Arch Capital Break Out To New Highs

Carrier Global Corp. CARR, +0.32% said Thursday it has agreed to sell its commercial and residential fire business to a unit of Lone Star Funds in a deal with an enterprise value of $3 billion. The maker of heating and cooling systems said the move “marks a defining step in our planned business exits critical to our transformational journey to becoming a focused, agile, higher-growth, pure-play company dedicated to creating a more sustainable world for generations to come,” said CEO David Gitlin in prepared remarks.

Carrier to sell commercial and residential fire business to Lone Star Funds unit for $3 billion

PALM BEACH GARDENS, Fla. , Aug. 15, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, entered into a definitive agreement today to sell its Commercial and Residential Fire business to an affiliate of Lone Star Funds for an enterprise value of $3 billion.

Carrier Announces Agreement to Sell Commercial and Residential Fire Business to an Affiliate of Lone Star Funds for $3 Billion

PALM BEACH GARDENS, Fla. , Aug. 9, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR) (the "Company") today announced the Reference Yields for its previously announced cash tender offers (the "Tender Offers"), in the order of priority set forth in the table below, for the outstanding notes listed in the table below (collectively, the "Securities" and each, a "series") such that (i) the aggregate purchase price (excluding accrued and unpaid interest) for all Securities purchased in the Tender Offers does not exceed $1.0 billion (the "Aggregate Purchase Price") and (ii) the aggregate principal amount of (x) the Company's 5.900% Notes due 2034 (the "Notes due 2034") purchased in the Tender Offers does not exceed $125,000,000 and (y) the Company's 6.200% Notes due 2054 (the "Notes due 2054") purchased in the Tender Offers does not exceed $350,000,000 (each of (x) and (y), a "Series Tender Cap" and, collectively, the "Series Tender Caps").

Carrier Announces Reference Yields and Total Considerations for its Cash Tender Offers for its Outstanding Debt Securities

PALM BEACH GARDENS, Fla. , Aug. 8, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR) (the "Company") today announced the early tender results for its previously announced cash tender offers (the "Tender Offers"), in the order of priority set forth in the table below, for the outstanding notes listed in the table below (collectively, the "Securities" and each, a "series") such that (i) the aggregate purchase price (excluding accrued and unpaid interest) for all Securities purchased in the Tender Offers does not exceed $800,000,000 (the "Aggregate Purchase Price") and (ii) the aggregate principal amount of (x) the Company's 5.900% Notes due 2034 (the "Notes due 2034") purchased in the Tender Offers does not exceed $125,000,000 and (y) the Company's 6.200% Notes due 2054 (the "Notes due 2054") purchased in the Tender Offers does not exceed $350,000,000 (each of (x) and (y), a "Series Tender Cap" and, collectively, the "Series Tender Caps").

Carrier Announces Early Results of its Cash Tender Offers for its Outstanding Debt Securities and Upsize of Aggregate Purchase Price

INDIANAPOLIS , Aug. 6, 2024 /PRNewswire/ -- Carrier and Sibi, a technology platform for supply chains, are collaborating to transform the HVAC industry through enhanced data-driven efficiency and the creation of a new optimized supply chain management system. Carrier is a part of Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions.

Carrier and Sibi Announce Collaboration to Revolutionize the Future of the HVAC Supply Chain for Home Builders

BEVERLY, Mass. , Aug. 2, 2024 /PRNewswire/ -- Carrier Global Corporation, on behalf of its Sensitech business, a world leader in supply chain visibility, has completed its acquisition of the Monitoring Solutions business of Berlinger & Co. AG, a Swiss family-owned company that specializes in innovative and customized solutions for monitoring temperature-sensitive goods in the pharmaceutical and life science, clinical trial and global health segments.

Sensitech Completes Acquisition of Berlinger & Co. Monitoring Solutions Expanding Life Sciences Cold Chain Solutions

Con Ed

Coca-Cola

With soaring summer heat in America, some stocks will benefit from consumers turning down their thermostats and enjoying more time indoors. This should translate to higher spending on practical products and services such as air conditioning and related items.

Beat the Heat With These 3 Summertime Dividend Stocks

PALM BEACH GARDENS, Fla. , July 26, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR) (the "Company") today announced that it has commenced tender offers to purchase for cash the debt securities issued by the Company listed in the table below (collectively, the "Securities" and each, a "series").

Carrier Announces Tender Offers for Outstanding Debt Securities

Carrier is transforming into a pure-play HVAC company but remains diversified by geography and exposure to secular trends like electrification and data center growth. Viessmann Climate Solutions and China are currently experiencing headwinds, but North American residential is strong, along with commercial globally. Despite hitting new highs, CARR stock valuation remains cheaper than peers.

Carrier: Some Parts Are Hotter Than Others

Carrier's (CARR) second-quarter 2024 results reflect strength in the HVAC segment.

Carrier (CARR) Q2 Earnings Beat Estimates, Revenues Up Y/Y

Carrier Global Corporation (NYSE:CARR ) Q2 2024 Earnings Conference Call July 25, 2024 7:30 AM ET Company Participants Sam Pearlstein - Vice President of Investor Relations, CFO, Fire & Security Segment David Gitlin - Chairman & Chief Executive Officer Patrick Goris - Senior Vice President & Chief Financial Officer Conference Call Participants Andrew Kaplowitz - Citigroup Jeffrey Sprague - Vertical Research Partners Julian Mitchell - Barclays Noah Kaye - Oppenheimer Joseph Ritchie - Goldman Sachs Nigel Coe - Wolfe Research Tommy Moll - Stephens, Inc. Jeffrey Hammond - KeyBanc Andrew Obin - Bank of America Brett Linzey - Mizuho Stephen Tusa - JPMorgan Deane Dray - RBC Capital Markets Gautam Khanna - Cowen Damian Karas - UBS Operator Good morning, and welcome to Carrier's Second 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.

News for Carrier Global Stock (CARR)