Carrier Global (CARR) came out with quarterly earnings of $0.62 per share, beating the Zacks Consensus Estimate of $0.50 per share. This compares to earnings of $0.52 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 24%. A quarter ago, it was expected that this company would post earnings of $0.51 per share when it actually produced earnings of $0.53, delivering a surprise of 3.92%.Over the last four quarters, the company has s ...

Carrier Reports Strong First Quarter 2024 Results • Net sales up 17% versus first quarter 2023; organic sales up 2% • GAAP EPS of $0.29 and adjusted EPS of $0.62 • GAAP operating margin down 240 bps year over year; adjusted operating margin expanded 280 bps • Maintaining full year 2024 adjusted EPS guidance range despite additional $0.05 headwind from the earlier timing of business exits • Increasing full year 2024 adjusted operating margin guidance to ~15.5% • Expect to resume share repurchases in 2024 "We ...

In this articleCARRHeat pumps are becoming more popular for residential housing with energy prices increasing and the need to reduce use of fossil fuel heating systems.Andrew Aitchison | In Pictures | Getty ImagesIn case you haven't noticed, heat pumps are hot. Although these devices, which use electricity to generate both air conditioning and heat, have been around for decades, the latest models are much more efficient and cost-effective alternatives to conventional fossil-fuel furnaces and air conditioner ...

PALM BEACH GARDENS, Fla., April 18, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, announced today that its Board of Directors declared a quarterly dividend of $0.19 per outstanding share of Carrier common stock. The dividend will be payable on May 22, 2024 to shareowners of record at the close of business on May 3, 2024. About CarrierCarrier Global Corporation, global leader in intelligent climate and energy solutions, is committed t ...

PALM BEACH GARDENS, Fla., April 4, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, will release its first quarter 2024 earnings on Thursday, April 25, 2024 and host a conference call and webcast at 7:30 a.m. ET. The webcast and presentation will be available at ir.carrier.com. To listen to the earnings call by phone, participants must pre-register at Carrier Earnings Call Registration. All registrants will receive dial-in information a ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Carrier Global (CARR) , which belongs to the Zacks Electronics - Miscellaneous Products industry, could be a great candidate to consider.This company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 9.01%.For the last reporte ...

Carrier Global Corporation (NYSE:CARR) BofA Securities Global Industrials Conference March 21, 2024 4:40 AM ET Company Participants Patrick Goris - Senior VP & CFO Samuel Pearlstein - Vice President of Investor Relations Conference Call Participants Andrew Obin - BofA Andrew Obin Good morning. Welcome to the third day of our Global Industrial Conference. I'm Andrew Obin, Bank of America's multi-industrial analyst based in the U.S. And very, very happy to have with us this morning, team from Carrier. We have ...

PALM BEACH GARDENS, Fla., March 18, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR) Senior Vice President & Chief Financial Officer Patrick Goris will speak at the Bank of America Global Industrials Conference in London on Thursday, March 21, 2024 at 5:40 a.m. ET. The event will be broadcast live at ir.carrier.com. A webcast replay will be available on the website following the event. About CarrierCarrier Global Corporation, global leader in intelligent climate and energy solutions, is committe ...

PALM BEACH GARDENS, Fla., March 5, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, entered into a definitive agreement today to sell its Industrial Fire business, which includes industry-leading brands Det-Tronics, Marioff, Autronica and Fireye, to Sentinel Capital Partners for an enterprise value of $1.425 billion. Today's announcement represents the latest step in Carrier's ongoing portfolio transformation, following the recent acqui ...

Despite the slowdown in the economy, there's one area that continues to boom, and that's non-residential construction and, specifically, manufacturing construction spending. The latter is up sharply in recent years, reaching $214 billion in 2023. I think the theme may have more room to run, and stocks like Comfort Systems USA (FIX 1.83%), Carrier (CARR 1.22%), and Germany's Siemens (SIEGY -0.84%) are poised to benefit.The non-residential and manufacturing construction boomFirst, a few words on the spending ...