Core Viewpoint - Watsco Inc. is facing a challenging market environment, with expected declines in earnings and revenue for the upcoming quarterly earnings report [2][6]. Financial Performance Expectations - Watsco's earnings per share (EPS) is estimated at $1.94, reflecting an 18.1% decline compared to the same period last year [2][6]. - Revenue is projected to decrease by 8.3% year-over-year to $1.62 billion [2][6]. - The consensus EPS estimate has been revised downwards by 8.6% over the past 30 days, indicating a reevaluation by analysts [2][6]. Market Impact - The upcoming earnings report could significantly impact Watsco's stock price, with potential upward movement if results exceed expectations, or a decline if estimates are missed [3]. Financial Metrics - Watsco has a price-to-earnings (P/E) ratio of approximately 28.63 and a price-to-sales ratio of about 2.28, reflecting the market's valuation of its earnings and revenue [4][6]. - The enterprise value to sales ratio is around 2.29, and the enterprise value to operating cash flow ratio is approximately 31.01 [4]. - The company maintains a strong liquidity position with a current ratio of approximately 3.84, indicating its ability to cover short-term liabilities [5]. - Watsco's debt-to-equity ratio is relatively low at 0.16, suggesting a conservative use of debt in its capital structure [5].

Core Viewpoint - Lennox will host its Investor Day on March 4, 2026, to present operational progress, strategic priorities, and long-term growth targets [1] Group 1: Event Details - The Investor Day will take place in the Dallas-Fort Worth area and will feature presentations from key executives including CEO Alok Maskara and CFO Michael Quenzer [1] - The event will start at 9:30 a.m. Central Time and will be webcast live, with a replay available afterward [1] - Attendees will have the opportunity to tour customer training, product development, and distribution facilities [1] Group 2: Company Overview - Lennox is recognized as a leader in energy-efficient climate control solutions, focusing on sustainability and creating comfortable environments for both residential and commercial customers [1] - The company's product portfolio includes cooling, heating, indoor air quality, and refrigeration systems, along with a range of HVAC parts and services [1]

This story was originally published on Facilities Dive. To receive daily news and insights, subscribe to our free daily Facilities Dive newsletter. Young workers and even college graduates are looking at skilled trades more than white collar work this year in a search for stability and solid pay, a survey by a resume-assistance company shows.  Six in 10 Gen Zers plan to pursue jobs in construction, electrical, HVAC, plumbing, building maintenance and manufacturing, among other trades, according to the sur ...

Core Viewpoint - SPX Technologies has completed the acquisition of Crawford United Corporation, enhancing its HVAC capabilities with custom air-handling solutions and expanding its product portfolio [1][2][3] Group 1: Acquisition Details - Crawford United's shareholders approved the merger, with an approximate cash consideration of $83.86 per share, leading to an aggregate transaction value of around $300 million [2] - Following the acquisition, Crawford United's common stock will cease trading on the OTC Pink Limited Market [2] Group 2: Strategic Implications - The acquisition will integrate Crawford United's Commercial Air-Handling Equipment segment, which includes Air Enterprises and Rahn Industries, into SPX's HVAC portfolio, enhancing its design capabilities and manufacturing footprint [3] - SPX aims to deliver differentiated solutions and drive long-term value for customers and shareholders through this acquisition, aligning with its strategy of acquiring high-engineering content businesses [3] Group 3: Non-Core Business Strategy - Crawford United's Industrial & Transportation Products segment is considered non-core to SPX's long-term strategy and will be recorded as assets held for sale, with results reported as discontinued operations [4] - SPX plans to ensure the continued operation of these non-core businesses during the transition period while seeking suitable buyers [4] Group 4: Future Guidance - SPX management intends to provide guidance for 2026, including the impact of the acquisition, on February 24, 2026, during the Q4 2025 results announcement [5]

Q4 2025 Earnings Conference Call February 5, 2026 2025 Q4 Earnings | February 5, 2026 2 2025 Summary | Sales | $21.7B Organic1 (1%) Y/Y | Q4 orders up >15% | | --- | --- | --- | | Adjusted operating | $3.3B | | | profit1 | (7%) Y/Y | | | Adjusted operating | 15.1% | year | | margin1 | (70bps) Y/Y | expected to be up ~50% | | Adjusted EPS1 | $2.59 | share gains | | | 1% Y/Y | | | | | expected to be up double-digits again in 2026 | | Free cash flow1 | $2.1B | | Highlights • Record CSA commercial orders, up >8 ...

Core Viewpoint - Carrier Global Corporation is preparing to release its quarterly earnings on February 5, 2026, with analysts estimating an EPS of $0.37 and projected revenue of $5.05 billion [1][6]. Group 1: Demand and Revenue - The company is experiencing strong demand in its Commercial HVAC segment and aftermarket services, despite challenges in residential demand [2][6]. - The Zacks Consensus Estimate forecasts an EPS of $0.36, reflecting a 33.33% increase from the previous year, but a 10% decrease over the past 30 days. Revenue is expected to be $5.04 billion, a 2.04% decline from the previous year [2]. - For the fourth quarter, robust demand is anticipated in the Americas for commercial HVAC, with double-digit growth in aftermarket services [3]. Group 2: Sales and Earnings Projections - Carrier Global aims for $22 billion in sales for 2025, indicating flat organic growth, and adjusted earnings of $2.65 per share, a 4% year-over-year increase [3]. - Analysts expect a decline in earnings for the quarter ending December 2025, with lower revenues, making the upcoming earnings report crucial for stock movement [4]. Group 3: Financial Metrics - The company has a P/E ratio of 13.55, a price-to-sales ratio of 2.43, and an enterprise value to sales ratio of 2.92 [5][6]. - The enterprise value to operating cash flow ratio is high at 40.15, with an earnings yield of 7.38% [5]. - The debt-to-equity ratio stands at 0.85, indicating moderate debt, and the current ratio is 1.14, suggesting reasonable liquidity [5][6].

Fourth Quarter 2025 Results Full Year 2025 Results PALM BEACH GARDENS, Fla., Feb. 5, 2026 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, today reported financial results for the fourth quarter and full year of 2025. 11 Fourth Quarter 2025 Results "We continue to drive outsized growth in commercial HVAC with Q4 orders up nearly 50% driven by key data center wins and are well positioned to drive our sixth consecutive year of double-digit gro ...

Tesla - Tesla reported earnings per share of $0.50 for the quarter, beating estimates but down 63% from the same period last year, marking the lowest fourth-quarter earnings since 2020 [1] - The company announced plans to more than double its annual capital spending to $20 billion by 2026, with significant investments in AI and robotics, including a $2 billion investment in Elon Musk's xAI [1][2] - Tesla will discontinue production of its S and X models to repurpose its Fremont plant for building Optimus robots, as these models account for less than 5% of overall vehicle sales [1][2] - The shift in Tesla's mission statement to focus on creating a world of abundance aligns with its push towards autonomy and robotics [1][2] Competition and Market Dynamics - Tesla's auto segment revenue declined by 11% in the fourth quarter due to increased competition in the EV market, particularly from GM and other automakers [2] - The discontinuation of the Model S and X was anticipated as these aging vehicles had not seen significant updates since their introduction [2] - Concerns were raised about Tesla's ability to deliver on its ambitious timelines for autonomous robots and robotaxis, with skepticism regarding the feasibility of mass production within the next two years [3][4][5] Meta and Microsoft - Meta's shares rose by approximately 9% after beating revenue expectations and announcing a significant increase in capital expenditures to $115-135 billion for 2026, nearly double its 2025 CapEx [8] - Microsoft shares fell by 12% following a slowdown in growth for its Azure Cloud computing unit, despite a nearly doubled future sales backlog driven by investments in OpenAI [8][10] - The contrasting market reactions to Meta and Microsoft's capital expenditure announcements highlight investor sentiment towards AI investments and the perceived return on investment [8][10] Investment Sentiment - Investors are increasingly scrutinizing capital expenditures, questioning the return on investment, especially in light of high spending figures exceeding $100 billion annually [10] - Meta's aggressive spending is seen as a bet on future ad revenue growth, while Microsoft faces concerns over its reliance on OpenAI for a significant portion of its backlog [10][11] - The evolving narrative around AI investments suggests that companies may experience fluctuating investor confidence based on their capital allocation strategies and growth prospects [11]

Financial Data and Key Metrics Changes - Orders increased nearly 40%, building on a strong 16% growth from the previous year [5][21] - Revenue grew by 6%, with adjusted EBIT margins expanding by 190 basis points to 12.4% [5][20] - Adjusted EPS rose nearly 40%, exceeding guidance [5][21] - Record backlog increased by 20% to $18 billion, indicating strong demand visibility [20][24] Business Line Data and Key Metrics Changes - Organic revenue growth was led by service, which grew 9% year-over-year [23] - In the Americas, sales were up 6% organically, with solid double-digit growth in service [23] - EMEA grew 4%, driven by high single-digit growth in service [23] - APAC delivered 8% growth, led by strong system performance and steady demand in service [23] Market Data and Key Metrics Changes - The Americas segment saw a 56% growth, primarily from large-scale data center projects [21] - EMEA experienced an 8% growth, with balanced high single-digit growth in both service and system [21] - APAC orders increased by 10%, driven by double-digit growth in systems and high single-digit growth in service [21] Company Strategy and Development Direction - The company is focusing on energy efficiency and decarbonization, particularly in data centers and advanced manufacturing [7][11] - A proprietary business system is being deployed to enhance operational efficiency and align goals across the organization [6][13] - The strategy emphasizes innovation in technology and service-based solutions to meet customer needs [12][18] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the strong start to the year and raised full-year guidance due to positive momentum [5][26] - The operating environment remains challenging, but the company is well-positioned to deliver on its commitments [20][25] - Management highlighted the importance of operational discipline and the ability to respond to customer needs quickly [74][107] Other Important Information - The company is investing in R&D to support future growth while maintaining cost control [92][93] - There is a focus on improving gross margins and reducing SG&A costs through operational efficiencies [89][90] Q&A Session Summary Question: Order strength and duration - Management confirmed record orders and highlighted strong demand not only from data centers but also from life sciences [28][30] Question: Backlog and organic growth - Management indicated that while backlog is strong, not all orders are shippable within the next nine months, affecting organic growth projections [32][33] Question: Market evolution and order growth - Management noted broad-based growth across different applications in the data center market and emphasized the importance of thermal management for life sciences [36][38] Question: North America margin trends - Management acknowledged a slight headwind in North America margins but expressed confidence in future improvements [50][51] Question: Data center lead times - Management reported good progress on lead times and emphasized the importance of reliable delivery for competitive advantage [72][74] Question: BMS growth and opportunities - Management characterized BMS growth as solid and highlighted the alignment with mission-critical solutions [78] Question: New product development and market readiness - Management discussed ongoing collaboration with customers to innovate and prepare for future market needs [81][82] Question: Portfolio review and strategic moves - Management confirmed ongoing strategic review of the portfolio to enhance shareholder value [85][87]

Core Insights - Vertiv Holdings Co (NYSE:VRT) is recognized as one of the 12 Best HVAC Stocks to Buy Now, highlighting its strong market position in the HVAC sector [1] - The company's liquid-cooling solutions are essential for modern AI infrastructure, preventing overheating of high-performance AI chips [2] - Vertiv's partnership with Nvidia provides it with early insights into new AI chip designs, allowing it to align its cooling technology effectively [3] Financial Performance - In Q3 2025, Vertiv reported a 60% year-over-year increase in organic orders, prompting management to raise full-year guidance for net sales and other key metrics [5] - The company anticipates accelerated AI infrastructure deployment in the EMEA region in 2026, supported by its relationship with Nvidia [5] Industry Position - Vertiv is a pre-certified vendor for AI infrastructure, making it a preferred choice for technology companies seeking reliable solutions [4] - The company's offerings support a wide range of environments, including data centers and communication networks, indicating its broad market applicability [6]