Amid a flurry of important updates, Carrier Global Corporation (CARR) reported strong 2024 results and already has a promising outlook for 2025. They have launched QuantumLeap Cooling Solutions for data centers, a suite of innovative, energy-efficient solutions. These AI-driven cooling solutions are projected to fuel the company's growth. Carrier also hosted its 2025 Investor Day, presenting at Morgan Stanley's Annual Laguna Conference and various other key industry conferences.
Carrier's Q4 2024 Earnings Call highlighted their strong organic growth and orders. Additionally, the company's stock saw a rise after beating Q4 earnings and revenue estimates. Carrier Global has also made strategic appointments and upgrades, such as Amy Miles to the Board of Directors, and the Wolfe Research upgrade based on their earnings goal.
The company continues its strategic evolution, closing a $3 billion sale of its commercial and residential fire business, and investing in thermal solutions provider ZutaCore. This investment significantly advances the development of next-gen data center cooling solutions. Carrier Global suffered some mixed results in Q4, nonetheless, the CEO is betting big on 2025 growth.
Carrier Global Corporation CARR News Analytics from Thu, 25 Apr 2024 07:00:00 GMT to Fri, 28 Feb 2025 19:30:57 GMT - Rating 7 - Innovation 6 - Information 8 - Rumor -4
