Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
CARR launches Carrier Abound, transforming EcoEnergy Insights to deliver AI-driven solutions for smarter, sustainable building management and asset efficiency.
Carrier Global (CARR) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.
Carrier Global Corporation (NYSE:CARR ) Morgan Stanley's 12th Annual Laguna Conference September 11, 2024 11:10 AM ET Company Participants David Gitlin - Chairman & CEO Patrick Goris - SVP & CFO Conference Call Participants Christopher Snyder - Morgan Stanley Cedar Ekblom - Morgan Stanley Christopher Snyder All right. Thanks, everybody.
With soaring summer heat in America, some stocks will benefit from consumers turning down their thermostats and enjoying more time indoors. This should translate to higher spending on practical products and services such as air conditioning and related items.
Carrier is transforming into a pure-play HVAC company but remains diversified by geography and exposure to secular trends like electrification and data center growth. Viessmann Climate Solutions and China are currently experiencing headwinds, but North American residential is strong, along with commercial globally. Despite hitting new highs, CARR stock valuation remains cheaper than peers.
Carrier's (CARR) second-quarter 2024 results reflect strength in the HVAC segment.
The headline numbers for Carrier Global (CARR) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
The HVAC company's sales missed the mark.
Carrier Global (CARR) came out with quarterly earnings of $0.87 per share, beating the Zacks Consensus Estimate of $0.85 per share. This compares to earnings of $0.79 per share a year ago.
Carrier Global (CARR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.