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Carrier Global Corporation (CARR) Barclays 41st Annual Industrial Select Conference (Transcript)
2024-02-22 20:38
Carrier Global Corporation (NYSE:CARR) Barclays 41st Annual Industrial Select Conference February 22, 2024 10:20 AM ET Company Participants David Gitlin - Chairman and Chief Executive Officer Patrick Goris - Senior Vice President and Chief Financial Officer Conference Call Participants Julian Mitchell - Barclays Julian Mitchell Well, thanks, everyone, for being here. It's my pleasure to have up next Carrier Global, David Gitlin, Chairman and CEO; and Patrick Goris, CFO. So thanks very much to both of you fo ...
Alat and Carrier Partner to Advance Climate and Energy Solutions in the Kingdom of Saudi Arabia
Prnewswire· 2024-02-21 01:22
Agreement includes development of a cutting-edge manufacturing and R&D center expected to create more than 5,000 local jobs. RIYADH, Saudi Arabia, Feb. 20, 2024 /PRNewswire/ -- Alat (Alat), a PIF company, and Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, today announced their commitment to build a cutting-edge manufacturing and R&D facility in Saudi Arabia that will deliver advanced heating, ventilation and air conditioning (HVAC) solutions. The partners ...
3 Electronics Stocks to Watch From a Challenging Industry
Zacks Investment Research· 2024-02-15 14:41
The Zacks Electronics – Miscellaneous Products industry has been suffering from challenging macroeconomic conditions, high levels of inventories with distributors, and steep interest rates. The global economic turmoil is expected to keep the semiconductor capex under check, which does not bode well for industry participants in the near term. However, players like KLA (KLAC) , Carrier Global (CARR) and Trimble (TRMB) are benefiting from higher spending on advanced technologies, including augmented reality (A ...
Carrier to Present at the Barclays Industrial Select Conference
PRNewsWire· 2024-02-14 14:15
PALM BEACH GARDENS, Fla., Feb. 14, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE:CARR) Chairman & CEO David Gitlin and Senior Vice President & CFO Patrick Goris will speak at the Barclays Industrial Select Conference on Thursday, February 22, 2024 at 10:20 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 committed to c ...
UBER Beats on Q4 Earnings & Revenue Estimates, Rise Y/Y
Zacks Investment Research· 2024-02-07 19:01
Uber Technologies (UBER) reported fourth-quarter 2023 earnings of 66 cents per share, which surpassed the Zacks Consensus Estimate of 15 cents and improved more than 100% year over year. Total revenues of $9,936 million beat the Zacks Consensus Estimate of $9,746.5 million. The top line jumped 15.4% year over year.In the reported quarter, the majority (54.5%) of the company’s revenues came from Mobility. Revenues from this segment jumped 34% year over year to $5,537 million. Revenues from the Delivery segme ...
Carrier (CARR) - 2023 Q4 - Earnings Call Transcript
2024-02-06 16:41
Carrier Global Corporation (NYSE:CARR) Q4 2023 Earnings Conference Call February 6, 2024 7:30 AM ET Company Participants Sam Pearlstein - VP, IR David Gitlin - Chairman, CEO Patrick Goris - CFO Conference Call Participants Jeffrey Sprague - Vertical Research Partners Julian Mitchell - Barclays Andrew Kaplowitz - Citigroup Deane Dray - RBC Capital Markets Noah Kaye - Oppenheimer Joe Ritchie - Goldman Sachs Nigel Coe - Wolfe Research Jeff Hammond - KeyBanc Capital Markets Stephen Tusa - JPMorgan Brett Linzey ...
Carrier (CARR) Q4 Earnings Beat Estimates, Revenues in Line
Zacks Investment Research· 2024-02-06 16:11
Carrier Global (CARR) reported fourth-quarter 2023 adjusted earnings of 53 cents per share, which surpassed the Zacks Consensus Estimate by 3.92%. The figure increased 32.5% year over year.Net sales of $5.10 billion missed the Zacks Consensus Estimate by 2.82% but remained unchanged year over year.Product sales (87% of net sales) of $4.44 billion decreased 1.9% year over year. Service sales (13% of net sales) of $661 million were up 14.4% year over year.Carrier shares were up 1.32% in pre-market trading. Th ...
Carrier Global (CARR) Reports Q4 Earnings: What Key Metrics Have to Say
Zacks Investment Research· 2024-02-06 15:45
For the quarter ended December 2023, Carrier Global (CARR) reported revenue of $5.1 billion, down 0.1% over the same period last year. EPS came in at $0.53, compared to $0.40 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $5.25 billion, representing a surprise of -2.82%. The company delivered an EPS surprise of +3.92%, with the consensus EPS estimate being $0.51.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and h ...
Carrier Global (CARR) Beats Q4 Earnings Estimates
Zacks Investment Research· 2024-02-06 14:01
Carrier Global (CARR) came out with quarterly earnings of $0.53 per share, beating the Zacks Consensus Estimate of $0.51 per share. This compares to earnings of $0.40 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.92%. A quarter ago, it was expected that this company would post earnings of $0.78 per share when it actually produced earnings of $0.89, delivering a surprise of 14.10%.Over the last four quarters, the company ha ...
Carrier (CARR) - 2023 Q4 - Earnings Call Presentation
2024-02-06 12:45
Q4 2023 EARNINGS CONFERENCE CALL Cautionary Statement 1 | --- | --- | --- | |--------------------|--------------------------|--------------------------------------------------------------------------------------------------------------------------| | Sales | $5,102M Organic* +0% Y/Y | Highlights | | Adjusted Operating | $557M | Commercial HVAC and Refrigeration sales up HSD organically | | Profit* | +8% Y/Y | Weaker than expected North America residential HVAC sales as distributors reduced inventory levels ...