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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 Q1 2022

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Earnings data Q1 2023

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Earnings data Q1 2024

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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.

PALM BEACH GARDENS, Fla. , Nov. 15, 2023 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR) ("Carrier" or the "Company"), global leader in intelligent climate and energy solutions, today announced that it has priced the private offerings of an aggregate principal amount of $3,000,000,000 of USD-denominated notes (the "USD Notes") and €2,350,000,000 aggregate principal amount of euro-denominated notes (the "Euro Notes", and together with the USD Notes, the "Notes").

Carrier Global Corporation Announces Pricing of $3.0 Billion and €2.35 Billion Notes

Carrier Global Corporation (NYSE:CARR ) Baird's Global Industrial Conference Call November 7, 2023 12:25 PM ET Company Participants Dave Gitlin - Chairman and Chief Executive Officer Conference Call Participants Tim Wojs - Baird Tim Wojs I am Tim Wojs. I cover building products here at Baird.

Carrier Global Corporation (CARR) Baird's Global Industrial Conference (Transcript)

Hoya Corp

Investors looking for stocks in the Electronics - Miscellaneous Products sector might want to consider either Carrier Global (CARR) or Hoya Corp. (HOCPY). But which of these two stocks is more attractive to value investors?

CARR vs. HOCPY: Which Stock Is the Better Value Option?

Carrier Global (CARR) possesses solid growth attributes, which could help it handily outperform the market.

3 Reasons Growth Investors Will Love Carrier Global (CARR)

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Here's Why Carrier Global (CARR) is a Strong Growth Stock

PALM BEACH GARDENS, Fla. , Oct. 31, 2023 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR) Chairman & CEO David Gitlin will speak at the Baird 2023 Global Industrial Conference on Tuesday, Nov. 7, 2023 at 12:25 p.m.

Carrier to Present at Baird's 2023 Global Industrial Conference

Carrier Global announces Q3 FY23 earnings with 3% organic revenue growth and 21.3% adjusted operating income growth. Price increases and cost management initiatives drive margin expansion for Carrier. Viessmann Climate Solutions is well-positioned to capitalize on the growing heat pump market, with 18% revenue growth and 35% heat pump sales growth in FY23.

Carrier Global: Trading At 20x FCF With Strong Margin Expansion; Maintain 'Strong Buy' Rating

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

Carrier (CARR) Q3 Earnings Beat Estimates, Revenues Up Y/Y

Carrier Global Corporation (NYSE:CARR ) Q3 2023 Results Conference Call October 26, 2023 7:30 AM ET Company Participants Sam Pearlstein - VP, IR David Gitlin - Chairman, CEO Patrick Goris - CFO Conference Call Participants Matthew Clark - Piper Sandler Andrew Obin - Bank of America Brett Linzey - Mizuho Deane Dray - RBC Capital Markets Gautam Khanna - TD Cowen Jeffrey Sprague - Vertical Research Partners Joe Ritchie - Goldman Sachs Julian Mitchell - Barclays Nigel Coe - Wolfe Research Noah Kaye - Oppenheimer Steve Volkmann - Jefferies Operator Good morning, and welcome to Carrier's Third Quarter 2023 Earnings Conference Call. I would like to introduce your host for today's conference, Sam Pearlstein, Vice President, Investor Relations.

Carrier Global Corporation (CARR) Q3 2023 Earnings Call Transcript

While the top- and bottom-line numbers for Carrier Global (CARR) give a sense of how the business performed in the quarter ended September 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Carrier Global (CARR) Reports Q3 Earnings: What Key Metrics Have to Say

Carrier Global (CARR) came out with quarterly earnings of $0.89 per share, beating the Zacks Consensus Estimate of $0.78 per share. This compares to earnings of $0.70 per share a year ago.

Carrier Global (CARR) Beats Q3 Earnings Estimates

Net sales up 5% versus third quarter 2022; organic sales up 3% GAAP EPS of $0.42 and adjusted EPS of $0.89 Net cash inflows from operating activities were $1.04 billion and free cash flow generation was $949 million Increasing adjusted EPS guidance for 2023 from $2.55 - $2.65 to ~$2.70 PALM BEACH GARDENS, Fla. , Oct. 26, 2023 /PRNewswire/ -- Carrier Global Corporation (NYSE:CARR), global leader in intelligent climate and energy solutions, today reported strong financial results for the third quarter of 2023 and raised its full year adjusted operating margin and adjusted EPS guidance.

Carrier Reports Third Quarter 2023 Results

KLA-Tencor

Investors interested in Electronics - Miscellaneous Products stocks are likely familiar with Carrier Global (CARR) and KLA (KLAC). But which of these two stocks is more attractive to value investors?

CARR vs. KLAC: Which Stock Is the Better Value Option?

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.

Why Carrier Global (CARR) is Poised to Beat Earnings Estimates Again

PALM BEACH GARDENS, Fla. , Oct. 5, 2023 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, will release its third quarter 2023 earnings on Thursday, Oct. 26 and host a conference call and webcast at 7:30 a.m.

Carrier Third Quarter 2023 Earnings Advisory

Carrier's (CARR) Nlyte software eases data center sustainability compliance reporting with the new solution.

Carrier's (CARR) Nlyte Boosts HVAC Segment With New Solution

Home comfort system donations bring Carrier's total contributions to Habitat in 2023 to more than  $1.5 million PALM BEACH GARDENS, Fla. , Sept. 28, 2023 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, will once again participate in Habitat for Humanity's 37th Jimmy & Rosalynn Carter Work Project.

Carrier Sponsors Habitat for Humanity's Carter Work Project

Spin offs, breakups, and divestitures often make good investment opportunities as the smaller company becomes more focused on higher growth avenues and intelligent cost cutting. This appears to be the case for Carrier Global Corp ( CARR , Financial) after its spin-off from United Technologies Corporation in 2020.

Carrier Global Running Hot and Cold

Investors interested in stocks from the Electronics - Miscellaneous Products sector have probably already heard of Carrier Global (CARR) and KLA (KLAC). But which of these two stocks is more attractive to value investors?

CARR vs. KLAC: Which Stock Should Value Investors Buy Now?

Carrier (CARR) partners with relayr to offer Refrigeration-as-a-service to the food retail industry.

Carrier (CARR) Boosts Refrigeration Segment With relayr Deal

Carrier Global Corporation is undergoing a strategic transformation, focusing on energy management solutions with acquisitions like Viessmann, aiming for significant growth despite short-term heat pump challenges. Carrier is targeting substantial aftermarket sales growth, transitioning from $4.5 billion to $7 billion in the next five years. It also focuses on data center cooling growth. Despite a strong growth outlook and undervaluation, regulatory uncertainty regarding heat pump adoption remains a significant risk for Carrier's long-term performance.

How Much Of A No-Brainer Is Carrier Global?

Carrier's (CARR) unit, Transicold, partners with Stonegate Farmers to deliver the latter with 15 Supra units connected to its Lynx Digital platform.

Carrier's (CARR) Stonegate Deal to Boost Refrigeration Clientele

Professional football player Kirk Cousins, National Parent Teacher Association (PTA) and Kidde team up to help educate families on fire safety preparedness MEBANE, N.C. , Sept. 19, 2023 /PRNewswire/ -- Today, Kidde – a trusted leader in fire safety for more than 100 years – announced its second annual Cause For Alarm TM campaign.

Kidde Taps into the Power of Music to Elevate Fire Safety Awareness with Its Cause For Alarm Campaign

Carrier Global is divesting its Fire & Security and Commercial Refrigeration divisions to focus on Climate Solutions and Heat Pumps, which are expected to drive revenue growth. The acquisition of Viessmann Climate Solutions, a leading manufacturer of heat pumps in Europe, positions Carrier to capitalize on the growing heat pump market. Carrier's HVAC business has shown significant growth and has the highest operating margin among its business segments, contributing to overall group margin expansion.

Carrier Global: A Compounder In Heat Pumps And Climate Solutions

Carrier Global Corporation (NYSE:CARR ) Morgan Stanley's 11th Annual Laguna Conference Call September 12, 2023 3:15 PM ET Company Participants David Gitlin - Chairman and Chief Executive Officer Conference Call Participants Joshua Pokrzywinski - Morgan Stanley Joshua Pokrzywinski All right. Welcome back from lunch, everyone.

News for Carrier Global Stock (CARR)