Page 4 - David Gitlin News Today

/PRNewswire/ -- Alat (Alat), a PIF company, and Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, today...

PALM BEACH GARDENS, Fla., Feb. 14, 2024 /PRNewswire/ -- Carrier Global Corporation Chairman & CEO David Gitlin and Senior Vice President & CFO Patrick Goris will speak at the Barclays Industrial...

Carrier Global Corporation beats earnings expectations. Reported EPS is $0.514, expectations were $0.51.

Robust Earnings Growth and Strategic Divestitures Highlight Carrier's Year

Tuesday morning, Carrier reported fourth-quarter earnings per share of 53 cents. Wall Street was looking for 51 cents.

Fourth Quarter 2023 Highlights Sales of $5.1BOperating margin expansion of 340 basis points and adjusted operating margin expansion of 80 basis pointsGAAP EPS of $0.49, up 53% vs. 2022 and adjusted...

Carrier Global reported $5.10B net sales, $0.53 adj. EPS (+33% Y/Y), $557M adj. operating profit (+8% YoY), and $2.61B net cash for FY23.

The bell-ringing took place not quite four years after Carrier became an independent, publicly traded company in April 2020, and marked the first time someone from the company has rung the NYSE bell, the origins of which are part of Carriers history.

Getting the 737 MAX 9 back into the sky may have been the easy part.

Carrier Global Corporation has closed a deal for the acquisition of controls specialist Viessmann Climate Solutions. The deal will see Carrier obtaining