CARR Stock Recent News

INDIANAPOLIS , March 12, 2025 /PRNewswire/ --  Carrier is pleased to announce the launch of its first Environmental Product Declaration (EPD) for residential HVAC solutions in North America. This milestone reinforces the company's ongoing commitment to sustainability and transparency in the environmental performance of its products.

PALM BEACH GARDENS, Fla. , March 7, 2025 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR) Chairman & CEO David Gitlin and Senior Vice President & CFO Patrick Goris will speak at the Bank of America Global Industrials Conference in London on Thursday, March 20, 2025 at 4:50 a.m.

PALM BEACH GARDENS, Fla. , Feb. 21, 2025 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR) will host its 2025 Investor Day on May 19, 2025, in New York City.

PALM BEACH GARDENS, Fla. , Feb. 18, 2025 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, today announced that its venture group, Carrier Ventures, is leading an investment and technology partnership with ZutaCore®, a disruptive innovator of two-phase direct-to-chip liquid cooling technology for data centers.

PALM BEACH GARDENS, Fla. , Feb. 13, 2025 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR) Chairman & CEO David Gitlin will speak at the Barclays Industrial Select Conference on Thursday, February 20, 2025 at 9:15 a.m.

Carrier Global completed its strategic transformation and is now a focused HVAC and transport refrigeration company with 5% sales growth and expanding margins. Carrier has a lower valuation than peers despite higher growth estimates, making it a Buy. Key growth drivers include product development, aftermarket services, and systems integration, with significant contributions from North American Residential HVAC and data center cooling.

The headline numbers for Carrier Global (CARR) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Fourth Quarter 2024 Highlights Sales of $5.1 billion, up 19% compared to 2023 including 6% organic growth GAAP EPS from continuing operations of ($0.05); adjusted EPS from continuing operations of $0.54 up 50% Operating margin expansion of 250 basis points and adjusted operating margin expansion of 370 basis points Full Year 2024 Highlights Sales of $22.5 billion, up 19% compared to 2023 including 3% organic growth GAAP EPS from continuing operations of $1.22; adjusted EPS from continuing operations of $2.56 up 16% Operating margin expansion of 40 basis points and adjusted operating margin expansion of 180 basis points Returned ~$2.6 billion to shareholders, including ~$0.7 billion in dividends and ~$1.9 billion shares repurchased PALM BEACH GARDENS, Fla. , Feb. 11, 2025 /PRNewswire/ -- Carrier Global Corporation (NYSE:CARR), global leader in intelligent climate and energy solutions, today reported strong financial results for the fourth quarter and full year of 2024.

Carrier Global's fourth-quarter 2024 performance is expected to have benefited from strong HVAC growth and solid aftermarket services, despite challenges in Europe and China.

PALM BEACH GARDENS, Fla. , Feb. 6, 2025 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, today unveiled Carrier QuantumLeap™, a comprehensive suite of purpose-built solutions designed to support the rapidly expanding data center industry.