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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

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

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 (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?

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PALM BEACH GARDENS, Fla. , July 9, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, will release its second quarter 2024 earnings on Thursday, July 25, 2024 and host a conference call and webcast at 7:30 a.m.

Carrier Second Quarter 2024 Earnings Advisory

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As global temperatures rise, so too does the demand for cooling technologies. This demand creates a market for solutions that keep things cool, encompassing everything from residential air conditioners to sophisticated commercial refrigeration systems.

Investing in Cooling Technologies: 3 Top Stocks to Beat the Heat

Net proceeds of approximately $1.1B expected to be used to pay down debt Global Commercial Refrigeration sale expected to close by the end of Q3 Sale process of Commercial and Residential Fire progressing as expected PALM BEACH GARDENS, Fla. , July 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 Industrial Fire business to Sentinel Capital Partners for an enterprise value of $1.425 billion.

Carrier Announces Close of $1.425B Sale of its Industrial Fire Business

Creates Standalone Platform Spectrum Safety Solutions NEW YORK , July 2, 2024  /PRNewswire/ -- Sentinel Capital Partners, a private equity firm that invests in promising midmarket companies, announced today that it acquired the industrial fire business from Carrier Global Corporation (NYSE: CARR) at an enterprise value of $1.425 billion. Sentinel's purchase creates Spectrum Safety Solutions, a new standalone platform.

Sentinel Capital Partners Carves Out Industrial Fire Business from Carrier

Freeport-McMoRan

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There's a huge opportunity ahead for HVAC companies to help building owners meet net zero emissions standards and conform to regulatory requirements. This housing building materials company might be making a critical strategic acquisition at the bottom of the market.

Wall Street Just Turned Bullish on These 3 Hot Stocks. Should You Buy Them?

Carrier Global has transformed into a pure-play leader in intelligent climate and energy solutions through acquisitions and divestments. The Viessman Climate Solutions acquisition boosts Carrier's European market share in the rapidly growing heat pump market, projecting 20% CAGR through 2030. Despite underperforming peers, Carrier's business transformation and industry tailwinds position it for potential catch-up trade and long-term growth.

Carrier's Business Transformation Adds Value

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One Year Later. The U.S. Conviction Picks Beat The Market, With No Magnificent 7

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Many companies invest in automation to cut costs and reduce supply chain complexity. Efficient heating, ventilation, and air conditioning systems are a significant part of the fight to reduce harmful emissions.

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Carrier Global (CARR) expands cold chain leadership with the Berlinger & Co. acquisition, enhancing Sensitech's monitoring solutions for pharmaceuticals and life sciences.

Carrier (CARR) Aids Cold Chain Solutions With Berlinger Buyout

BEVERLY, Mass. , June 19, 2024  /PRNewswire/ -- Carrier Global Corporation, on behalf of its Sensitech business, a world leader in supply chain visibility, has entered into a definitive agreement to acquire 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 to Strengthen Life Sciences Cold Chain Solutions with Acquisition of Berlinger & Co. Monitoring Solutions

Disney

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Home Depot

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Watsco

As residents of the Midwest and Mid-Atlantic United States brace for a historic heat wave, here are 10 stocks that could be impacted by June's extreme weather.

Heat Wave Hits US: 10 Stocks To Watch During June's Sweltering Temperatures

SBTi validation further supports Carrier's decarbonization leadership PALM BEACH GARDENS, Fla. , June 13, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, today announced its ambitious greenhouse gas emission reduction goals, including a target to reach net-zero greenhouse gas emissions by 2050, have been validated by the Science Based Targets initiative (SBTi).

Carrier's Ambitious Climate and Net Zero Targets Validated by the Science Based Target Initiative

CHARLOTTE, N.C. , June 12, 2024 /PRNewswire/ -- Carrier is partnering with the Department of Energy to develop next-generation heat pump technologies that result in higher efficiency light commercial rooftops units with reduced life cycle costs for end users including school, retail and office space customers.

Carrier is Developing Next-Generation Heat Pump Rooftop Units Through DOE Accelerator

Delta Air Lines

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GXO Logistics is benefiting from continued growth in e-commerce warehousing. Delta is focusing more on the premium travel market and its co-branded credit cards.

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New Kidde Detect features cutting edge technology designed for over 25% faster smoke detection1 and fewer false alarms  MEBANE, N.C. , June 4, 2024 /PRNewswire/ -- Today, Kidde , North America's #1 home fire safety brand2, announced the launch of Kidde Detect , the next evolution of fire and carbon monoxide safety.

Kidde 'Helps Protect You From You' in Innovative Ad Campaign for Launch of New Detect Product Line

Honeywell

Advances Carrier's transformation into a focused global leader in intelligent climate and energy solutions Net proceeds of $4B expected to be used to pay down debt and help reduce net leverage to approximately 2x EBITDA Positions Carrier to resume share repurchases in 2024 PALM BEACH GARDENS, Fla. , June 3, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, today announced it has completed the sale of its security business, Global Access Solutions, to Honeywell (NASDAQ: HON) for an enterprise value of $4.95 billion.

Carrier Announces Close of $4.95B Sale of its Global Access Solutions Business

$4.95 Billion Acquisition Bolsters Honeywell's Strategic Alignment to the Automation Megatrend, Underpinned by Digitalization Positions Honeywell as a Leading Provider of Security Solutions in a Digital Age Enhances Honeywell's Building Automation Segment, Adding an Accretive Growth and Margin Business CHARLOTTE, N.C., June 3, 2024 /PRNewswire/ -- Honeywell (NASDAQ: HON) today announced the completion of its acquisition of Carrier Global Corporation's (NYSE: CARR) Global Access Solutions business for $4.95 billion.

HONEYWELL COMPLETES ACQUISITION OF CARRIER'S GLOBAL ACCESS SOLUTIONS BUSINESS AND UPDATES 2024 OUTLOOK

PALM BEACH GARDENS, Fla. , May 30, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, today joined a prestigious list of companies recognized as one of 'America's Climate Leaders' by USA Today.

USA Today Names Carrier Among America's Climate Leaders

Carrier Global Corporation (NYSE:CARR ) Wolfe Research 17th Annual Global Transportation & Industrials Conference May 21, 2024 12:20 PM ET Company Participants David Gitlin - Chairman and Chief Executive Officer Patrick Goris - Senior Vice President and Chief Financial Officer Conference Call Participants Nigel Coe - Wolfe Research Nigel Coe Well, good afternoon. Thanks for joining us at the 17th Annual Wolf Transport and Industrial Conference.

Carrier Global Corporation (CARR) Wolfe Research 17th Annual Global Transportation & Industrials Conference

INDIANAPOLIS , May 16, 2024  /PRNewswire/ -- Building on two years of being U.S. News & World Report's Best HVAC Company, Carrier's industry leadership and innovative solutions continue to be recognized, most recently having been named the "Best Air Conditioner Brand" by USA Today. Carrier is a part of Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions.

Carrier Recognized as Best Air Conditioner Brand by USA Today

KENNESAW, Ga., May 14, 2024 /PRNewswire/ -- Nlyte® Software, a leading provider of data center infrastructure management solutions, has been named a leader by G2 Grid® in the Data Center Infrastructure Management (DCIM) category, including receiving top rankings in energy consumption, server performance and workflow automation sub-categories.

News for Carrier Global Stock (CARR)