Carrier Global (CARR) is scheduled to report its fourth-quarter 2024 results on Feb. 11.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The Zacks Consensus Estimate for fourth-quarter earnings is pegged at 51 cents per share, which has increased by a penny over the past 30 days, suggesting a year-over-year decline of 3.77%The Zacks Consensus Estimate for revenues is pegged at $5.43 billion, indicating 6.42% year-over-year growth.Carrier Global’s earnings surpassed the Zacks Consensu ...

Core Insights - Carrier Global Corporation has launched Carrier QuantumLeap™, a suite of solutions aimed at the growing data center industry, with the global data center cooling market expected to reach $20 billion by 2029 [1][4] - The QuantumLeap solution integrates advanced cooling technologies, including AI-driven systems, to enhance efficiency and reliability in data center operations [2][3] Group 1: Product Offerings - Carrier QuantumLeap provides an end-to-end thermal management system, ensuring real-time optimization and adaptability across data center operations [3] - The company offers next-generation chiller solutions that are 30% more efficient than previous models, featuring integrated free cooling and optimized energy use [5] - Carrier's Cooling Distribution Unit (CDU) facilitates integration into direct-to-chip liquid cooling systems for high-density environments [5] Group 2: Strategic Investments - Carrier Ventures invested in Strategic Thermal Labs (STL), a leader in liquid cooling technologies, to enhance its capabilities in data center cooling [4] - The company is expanding its manufacturing capacity in North America, aiming to double its commercial HVAC manufacturing capacity by the end of the year [6] Group 3: Technology and Services - Carrier's advanced building management system and digital platform provide operators with enhanced control and transparency in managing data center environments [5] - The Nlyte® data center management solutions are currently deployed in over 300 data centers, managing more than one million racks and 10 million data points [5] - Carrier's digital platform, Abound™, offers real-time insights and predictive maintenance capabilities to improve operational reliability and minimize downtime [5]

Analysts on Wall Street project that Carrier Global (CARR) will announce quarterly earnings of $0.51 per share in its forthcoming report, representing a decline of 3.8% year over year. Revenues are projected to reach $5.43 billion, increasing 6.4% from the same quarter last year.The consensus EPS estimate for the quarter has undergone a downward revision of 3.9% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimat ...

Wall Street expects a year-over-year decline in earnings on higher revenues when Carrier Global (CARR) reports results for the quarter ended December 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on February 11, 2025, might help the stock move higher if these key numbers are better th ...

Company Recognition - Carrier Global Corporation has been named to Fortune's 2025 list of the World's Most Admired Companies for the fourth consecutive year [1] - The recognition is based on surveys of executives, directors, and analysts evaluating companies on nine criteria, including investment value, quality of management and products, social responsibility, and ability to attract talent [1] Leadership and Workforce - Carrier's Chairman & CEO David Gitlin attributes the recognition to the passion and innovation of the company's 50,000 employees [2] - The company emphasizes its commitment to delivering for customers, creating value for shareowners, and building a workplace that champions employee growth and contributions [2] Company Overview - Carrier Global Corporation is a global leader in intelligent climate and energy solutions [3] - The company is committed to creating solutions that matter for people and the planet, with a focus on inventing new technologies and industries [3] - Carrier's world-class, diverse workforce places the customer at the center of everything they do [3]

Group 1 - Carrier Global Corporation will release its fourth quarter 2024 earnings on February 11, 2025, and will host a conference call and webcast at 7:30 a.m. ET [1] - The webcast and presentation will be available on the company's investor relations website, and participants must pre-register to listen to the earnings call by phone [2] - Carrier is recognized as a global leader in intelligent climate and energy solutions, committed to creating impactful solutions for people and the planet [3] Group 2 - The company emphasizes its history of innovation and leadership in developing new technologies and industries [3] - Carrier boasts a diverse workforce that prioritizes customer-centric approaches in its operations [3] - For further information, the company can be followed on social media and its corporate website [3]

PALM BEACH GARDENS, Fla., Jan. 13, 2025 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, today announced the launch of its Carrier TechVantage Initiative. This transformational initiative involves hiring 1,000 service technicians in the United States and providing additional training to over 100,000 Carrier and Carrier partner HVAC technicians within five years. By addressing the growing demand for technical expertise in the commercial HVAC ...

Company Commitment - Carrier Global Corporation announced a donation of over $2 5 million in indoor air purifiers to support communities affected by wildfires in Los Angeles and surrounding areas [1] - The donation aims to improve indoor air quality for essential service workers including the Los Angeles Fire Department local schools and hospitals [1] Impact of Wildfires on Air Quality - Wildfire smoke can significantly degrade indoor air quality by seeping into homes and buildings [3] - Fine particles in smoke can irritate the respiratory system aggravate pre-existing health conditions and pose heightened risks for sensitive groups such as children seniors and individuals with respiratory or cardiac conditions [3] Tips for Maintaining Indoor Air Quality - Re-circulate indoor air to limit hazardous contaminants and reduce fresh air intake through ventilation [7] - Maximize HVAC filtration by using high-efficiency filters and switching to fan-on mode to increase air recirculation [7] - Enhance filtration by installing MERV 13 or higher systems and using room air purifiers with HEPA filtration and activated carbon [7] - Maintain air filters by cleaning or replacing them as recommended to ensure system efficiency and reliability [7] - Limit smoke intrusion by weatherizing doors and windows sealing cracks and keeping them closed during wildfire season [7] About Carrier Global Corporation - Carrier Global Corporation is a global leader in intelligent climate and energy solutions committed to creating impactful solutions for people and the planet [6] - The company has a history of inventing new technologies and industries and continues to lead with a diverse workforce focused on customer-centric solutions [6]

PALM BEACH GARDENS, Fla., Dec. 12, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, was recently named to Forbes' inaugural Most Trusted Companies in America 2025 list. This recognition highlights Carrier's commitment to fostering trust among its stakeholders and reflects the company's dedication to integrity and excellence.  "We are honored to be included in Forbes' first-ever Most Trusted Companies in America list, which underlines ou ...

PALM BEACH GARDENS, Fla., Dec. 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 and Residential Fire business to an affiliate of Lone Star Funds for an enterprise value of $3 billion."The sale of our Commercial and Residential Fire business is the final step in our strategic portfolio transformation, further simplifying and focusing our company, and strengthening our global ...