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Carrier Global Corporation CARR - News Analyzed: 3,999 - Last Week: 100 - Last Month: 500

β†— Carrier Global Corporation (CARR)'s Mixed Bag: Enters Forbes List, Outperforms & Underperforms, Boost Dividends, Sells Businesses, Misses Q3 Estimates, Prioritizes Sustainability, and Clears AFFF Litigation

Carrier Global Corporation (CARR)'s Mixed Bag: Enters Forbes List, Outperforms & Underperforms, Boost Dividends, Sells Businesses, Misses Q3 Estimates, Prioritizes Sustainability, and Clears AFFF Litigation
Carrier Global Corporation (CARR) has had a mix of performances and recognitions. The corporation was named in Forbes' Most Trusted Companies in America 2025, securing elite recognition while also being honored with World Environment Center's 2024 Gold Medal Award for Corporate Sustainability. CARR outperformed competitors despite day's losses yet underperformed when compared to competitors on certain days. Notably, it delivered strong organic orders in Q3 2024 and boosted dividend by 18% as it strengthened shareholder returns. The company completed the sale of its Fire Business and also closed a $4.95B sale of its Global Access Solutions Business. Analysts at Goldman Sachs started covering the stock and it was given a consensus rating of Moderate Buy. However, it missed Q3 estimates and its FY24 outlook might potentially drag down shares. Executives are prioritizing sustainability for 2025, with focus on building decarbonization. Finally, it announced that it reaches settlements over AFFF litigation and it was heralded as one of Oppenheimer’s Top Stock Picks for next 12 months.

Carrier Global Corporation CARR News Analytics from Thu, 25 Apr 2024 07:00:00 GMT to Fri, 13 Dec 2024 11:42:59 GMT - Rating 2 - Innovation 4 - Information 6 - Rumor -3

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