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Carrier Reports Strong 2024 Results and Announces 2025 Outlook

1. Carrier Global's Q4 sales reached $5.1 billion, up 19% year-over-year. 2. Adjusted EPS increased by 50% to $0.54; $2.6 billion returned to shareholders.

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FAQ

Why Bullish?

Strong revenue growth suggests positive market sentiment; similar past reports led to price increases.

How important is it?

Strong earnings can positively influence investor confidence in CARR's market positioning.

Why Short Term?

Immediate investor reactions expected from quarterly results; historical trends indicate quick price responses.

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CARRRTXGE
Fourth Quarter 2024 Highlights Sales of $5.1 billion, up 19% compared to 2023 including 6% organic growth GAAP EPS from continuing operations of ($0.05); adjusted EPS from continuing operations of $0.54 up 50% Operating margin expansion of 250 basis points and adjusted operating margin expansion of 370 basis points Full Year 2024 Highlights Sales of $22.5 billion, up 19% compared to 2023 including 3% organic growth GAAP EPS from continuing operations of $1.22; adjusted EPS from continuing operations of $2.56 up 16% Operating margin expansion of 40 basis points and adjusted operating margin expansion of 180 basis points Returned ~$2.6 billion to shareholders, including ~$0.7 billion in dividends and ~$1.9 billion shares repurchased PALM BEACH GARDENS, Fla. , Feb. 11, 2025 /PRNewswire/ -- Carrier Global Corporation (NYSE:CARR), global leader in intelligent climate and energy solutions, today reported strong financial results for the fourth quarter and full year of 2024.

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