Carrier Global Corporation (CARR) has recently experienced several major developments. The company reported strong 2024 results and outlined its 2025 outlook. They have unveiled a series of ground-breaking products and strategic initiatives including the QuantumLeap Cooling Solutions perfect for the burgeoning Data Center market, and a major investment in its US workforce through its TechVantage initiative. The company is venturing into partnerships like the one with Google Cloud to build AI-driven home energy management systems. Carrier has also finalized several major business transactions such as monetizing its Commercial and Residential Fire Business for $3B and the sale of its Commercial Refrigeration Business to Haier for $775M, furthering its portfolio transformation - applauded by S&P with a 'BBB+' rating upgrade. However, despite the company's strong financial results and significant returns over the past five years, which surpassing Dow and Nasdaq's performance, some reports suggest caution regarding the company's stock due to underperformance in certain aspects and deviation from estimated earnings.
Carrier Global Corporation CARR News Analytics from Mon, 03 Jun 2024 07:00:00 GMT to Thu, 03 Apr 2025 13:00:39 GMT -
Rating 5
- Innovation 2
- Information 7
- Rumor -4
