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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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Year over year growth in Revenue and Operating Expenses.

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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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Market Cap

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

Revenue Multiple

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 Q1 2023

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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.

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.

Carrier Global Corporation (CARR) Q2 2024 Earnings Call Transcript

The headline numbers for Carrier Global (CARR) give insight into how the company performed in the quarter ended June 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) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

The HVAC company's sales missed the mark.

Carrier Earnings Beat Estimates. Why the Stock Is Dropping.

Carrier Global (CARR) came out with quarterly earnings of $0.87 per share, beating the Zacks Consensus Estimate of $0.85 per share. This compares to earnings of $0.79 per share a year ago.

Carrier Global (CARR) Beats Q2 Earnings Estimates

Net sales of $6.7 billion up 12% versus second quarter 2023; organic sales up 2% GAAP EPS of $2.55 up significantly and adjusted EPS of $0.87 up double-digits GAAP operating margin expanded significantly year over year; adjusted operating margin expanded 200 bps Reaffirming full year 2024 adjusted EPS guidance range Closed two of four business exit transactions; remaining two on-track Expect to repurchase about $1 billion worth of shares in the second half of 2024 PALM BEACH GARDENS, Fla. , July 25, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE:CARR), global leader in intelligent climate and energy solutions, today reported strong financial results for the second quarter of 2024 and reaffirmed its full year earnings guidance.

Carrier Reports Strong Second Quarter 2024 Results

Data I/O

Rogers

Here is a sneak peek into how electronics stocks, including Rogers (ROG), Carrier Global (CARR) and Data IO (DAIO) are poised ahead of their second-quarter 2024 results.

What to Expect From These 3 Electronics Stocks in Q2 Earnings?

Carrier Global (CARR) doesn't possess 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) Reports Next Week: Wall Street Expects Earnings Growth

On Monday, analysts at Baird upgraded the stock of Carrier Global Corp (NYSE: CARR) from a Neutral to an Outperform rating. The upgrade is based on Carrier's promising valuation and improving business outlook.

Baird upgrades Carrier Global stock to Outperform with $75 price target: Should you jump in?

Modine Manufacturing

Carrier stock has climbed to a new high and is trading around a buy point. HVAC stocks have been hot with one of them now a 10-bagger.

News for Carrier Global Stock (CARR)