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Carrier Global Corporation - $CARR STOCK NEWS

Welcome to our dedicated page for Carrier Global Corporation news (Ticker: $CARR), a resource for investors and traders seeking the latest updates and insights on Carrier Global Corporation stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Carrier Global Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Carrier Global Corporation's position in the market.

Rhea-AI Summary

Carrier has been named the 'Best Air Conditioner Brand' by USA Today, following two years as the Best HVAC Company by U.S. News & World Report. Carrier, a part of Carrier Global (NYSE: CARR), is celebrated for its quiet operation, energy efficiency, and smart-home connectivity. The accolade reinforces Carrier's commitment to homeowner satisfaction and innovation in HVAC systems. Other recognitions include Forbes HOME's 'Best Reliability' and 'Best Smart Home Compatibility' and Modernize's '#1 Air Conditioner Brand.' To learn more, visit their website.

Rhea-AI Impact
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-1.22%
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Rhea-AI Summary

Nlyte Software, part of Carrier Global (NYSE: CARR), has been recognized as a leader in the Data Center Infrastructure Management (DCIM) category by G2 Grid.

The company received top rankings in energy consumption, server performance, and workflow automation.

Nlyte Software's commitment to excellence, innovation, and customer satisfaction were key factors in this recognition.

The company's solutions are particularly well-received by enterprise clients due to their scalability and comprehensive analytics.

Nlyte's DCIM solutions support Carrier's 2030 Environmental, Social & Governance (ESG) goals to help customers avoid more than 1 gigaton of greenhouse gas emissions by 2030.

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0.98%
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Rhea-AI Summary

Carrier Global (NYSE: CARR) announced that Chairman & CEO David Gitlin and SVP & CFO Patrick Goris will present at the Wolfe Research 17th Annual Global Transportation & Industrials Conference on May 21, 2024, at 12:20 p.m. ET. The presentation will be broadcast live and available for replay at ir.carrier.com. Carrier, a leader in intelligent climate and energy solutions, continues to innovate and focus on customer-centric solutions.

Contact for media inquiries is Jason Shockley, and for investor relations, Sam Pearlstein. For more information, visit Carrier's website or follow their social media channels.

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0.98%
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conferences
Rhea-AI Summary

Carrier Global (NYSE: CARR) will be presenting at the Oppenheimer 19th Annual Industrial Growth Conference. Senior VP & CFO Patrick Goris will speak on May 6, 2024, at 3:00 p.m. ET. Carrier is a global leader in intelligent climate and energy solutions, focusing on innovation and customer-centricity.

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-0.6%
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Rhea-AI Summary
Carrier Global (NYSE:CARR) reported strong first quarter 2024 results with net sales up 17% versus Q1 2023, GAAP EPS of $0.29, and adjusted EPS of $0.62. The company maintained its full year 2024 adjusted EPS guidance range despite a $0.05 headwind from business exits. Carrier also increased its full year 2024 adjusted operating margin guidance to ~15.5% and plans to resume share repurchases in 2024.
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9.2%
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Carrier Global (NYSE: CARR) declared a quarterly cash dividend of $0.19 per outstanding share of Carrier common stock, payable on May 22, 2024. This announcement reflects the company's commitment to providing value to its shareholders.
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0.28%
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management dividends
Rhea-AI Summary
Carrier Global 's venture group, Carrier Ventures, partners with Strategic Thermal Labs to develop liquid cooling technology for data centers. The investment aims to reduce energy consumption and provide scalable solutions in the growing liquid cooling market.
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Carrier Global (CARR) will release its first quarter 2024 earnings on April 25, 2024, and host a conference call and webcast. Participants can pre-register for the earnings call to receive dial-in information and access the live call.
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1.06%
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Carrier Global (CARR) has been ranked 37 out of 200 on Fortune's America's Most Innovative Companies list 2024, showcasing its dedication to innovation and sustainability. The company aims to achieve zero emissions by 2050 and focuses on efficiency and electrification in its product portfolio.
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0.24%
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Walmart.com partners with Bryant Heating & Cooling to offer HVAC solutions to online customers, providing a 5% discount, financing options, and a 10-year warranty. Bryant, part of Carrier Global (NYSE: CARR), will deliver energy-efficient HVAC systems through Walmart's platform, enhancing the online shopping experience for homeowners.
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Carrier Global Corporation

NYSE:CARR

CARR Rankings

CARR Stock Data

58.77B
837.52M
6.64%
86.05%
1.57%
Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing
Manufacturing
Link
United States of America
PALM BEACH GARDENS

About CARR

pratt & whitney, a united technologies corp. company (nyse:utx), is a world leader in the design, manufacture and service of aircraft engines and auxiliary power units. pratt & whitney's large commercial engines power more than 25 percent of the world's mainline passenger fleet. the company continues to develop new engines and work with its partners in international aero engines and the engine alliance to meet airline customers'​ future needs. pratt & whitney has built a long and distinguished record of providing top-of-the-line engines to 29 armed forces around the world. our military engines power front line fighters, such as the f-15 eagle, f-16 fighting falcon, f-22 raptor and f-35 lightning ii, as well as the c-17 globemaster iii military transport and boeing's kc-46, the u.s. air force's new airlift tanker. pratt & whitney canada has produced more than 75,000 engines, of which there are currently more than 49,000 engines in service on more than 28,000 aircraft operated by more th