Page 2 - David Gitlin News Today

The most crucial CEO search in decades just took a pivotal turn: David Gitlin exited the race for the top job at the Boeing Co. From this writer's reporting,…

Carrier Global Corporation (NYSE:CARR) Q1 2024 Earnings Call Transcript April 25, 2024 Carrier Global Corporation beats earnings expectations. Reported EPS is $0.62, expectations were $0.5. Carrier Global Corporation isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good morning, and welcome […]

Carrier Global shares are trading higher on Q1 FY24 results, with net sales and adjusted EPS beating consensus. Company also revises sales outlook and expects to resume share repurchases in 2024.

Profitability improvements help push earnings higher in the quarter.

Heat pumps are gaining popularity as an eco-friendly alternative to gas boilers, with governments and companies investing in the technology to support decarbonization efforts.

Profitability improvements help push earnings higher in the quarter.

Carrier is pivoting to capture the booming market for climate-friendly home heat pumps as federal and state government offer tax credits and rebates.

Carrier is pivoting to capture the booming market for climate-friendly home heat pumps as federal and state government offer tax credits and rebates.

Despite all the doom and gloom, the stock still has a value case, and the company's strategy makes sense.

Boeing’s C-Suite Shuffle | Global Finance Magazine