Carrier Global Corporation (CARR) made notable strides throughout recent times, featuring affirmatively in financial news. In a step emphasizing trustworthiness, Carrier clinched a spot on Forbes Most Trusted Companies list of 2025. Moreover, the corporation also saw its name among Forbes' Most Trusted Companies in America in the same year. Making strategic decisions for the future, Carrier has successfully sold and closed its Fire Business and Global Access Solutions Business for massive sums. Renowned market commentator
Jim Cramer opined positively about Carrier's future. However, the Q3 2024 earnings call highlighted a failure to meet estimates, raising questions about the FY24 outlook. Despite notable setbacks, the
business decisions made by Carrier, including selling certain assets and focusing on sustainability, have earned regard. An increase in dividend by 18% also signals comfort in the corporation's financial footing. Yet, missed Q3 estimates and concerns about debt continue to weigh on the stock. In a positive development, Carrier recently entered a settlement agreement for AFFF litigation and managed to uplift shareholder returns enormously this past year. Financial performance aside, Carrier is also making strides in corporate sustainability and resilience in built environments.
Carrier Global Corporation CARR News Analytics from Tue, 06 Feb 2024 08:00:00 GMT to Sat, 21 Dec 2024 20:25:45 GMT -
Rating 6
- Innovation 5
- Information 8
- Rumor 1
