Carrier Global (CARR) Q1 2025 Earnings Call May 01, 2025 07:30 AM ET Speaker0 Good morning, and welcome to Carrier's First Quarter twenty twenty five Earnings Conference Call. I would like to introduce your host for today's conference, Michael Retner, Vice President of Investor Relations. Please go ahead. Speaker1 Good morning and welcome to Carrier's First Quarter twenty twenty five Earnings Conference Call. On the call with me today are David Gitlin, Chairman and Chief Executive Officer and Patrick Goris, ...

Q1 2025 Earnings Conference Call May 1, 2025 Cautionary statement This communication contains statements which, to the extent they are not statements of historical or present fact, constitute "forward-looking statements" under the securities laws. From time to time, oral or written forward-looking statements may also be included in other information released to the public. These forward-looking statements are intended to provide management's current expectations or plans for our future operating and financi ...

Exhibit 99.1 Carrier's first quarter sales of $5.2 billion were down 4% compared to the prior year. Organic sales growth of 2% was offset by a 5% headwind from net acquisitions and divestitures, driven by the sale of Commercial Refrigeration in Q4 2024. Foreign currency translation was a 1% headwind to sales growth. GAAP operating profit in the quarter of $629 million was up 63% from last year driven by operational performance, the absence of VCS backlog and inventory step-up amortization and decrease in ac ...

Net sales down 4% given prior year divestiture; organic sales up 2% GAAP EPS of $0.47 up 147% and adjusted EPS of $0.65 up 27% GAAP operating margin up 500 bps; adjusted operating margin up 210 bps Net cash flows from operating activities were $483 million and free cash flow was $420 million Returned $1.5 billion to shareholders through share repurchases and dividends and paid down $1.2 billion in debt Fully mitigating impact of tariffs in effect today Increasing full-year 2025 adjusted earnings per share ...

Carrier named Finalist for 2025 Manufacturing Leadership Award; LeanDNA recognized as a Partner in Collaborative InnovationPALM BEACH GARDENS, Fla., April 30, 2025 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, has been named a finalist in the Digital Supply Chain category of the 2025 Manufacturing Leadership Awards, presented by the National Association of Manufacturers' Manufacturing Leadership Council.Carrier utilizes leading digital te ...

Carrier Global (CARR) is scheduled to report its first-quarter 2025 results on May 1.The Zacks Consensus Estimate for first-quarter earnings is pegged at 57 cents per share, unchanged over the past 30 days, suggesting a year-over-year decline of 8.06%.The Zacks Consensus Estimate for revenues is pegged at $5.11 billion, indicating a 17.4% year-over-year decline.Carrier Global’s earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 8.68%. (Find the ...

PALM BEACH GARDENS, Fla., April 22, 2025 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, will release its first quarter 2025 earnings on Thursday, May 1, 2025 and host a conference call and webcast at 7:30 a.m. ET.The webcast and presentation will be available at ir.carrier.com. To listen to the earnings call by phone, participants must pre-register at the following link: Carrier Earnings Call Registration. All registrants will receive dial ...

Core Insights - Carrier Global Corporation has been recognized as one of 'America's Climate Leaders' by USA Today for its significant efforts in reducing greenhouse gas emissions [1][2] - The recognition is based on a ranking that evaluated U.S. companies for the greatest reduction in emissions intensity from 2021 to 2023, measured by greenhouse gas emissions relative to revenue [2] Company Commitment - Carrier is focused on innovation in sustainable HVAC, cold chain, and energy management solutions, emphasizing its commitment to sustainability for future generations [2] - The company aims to enhance optimization, system integration, and grid resilience, which not only supports sustainability goals but also helps reduce energy costs for households and businesses [3] Industry Position - As the largest U.S.-headquartered company in the HVAC and refrigeration industry, Carrier plays a pivotal role in driving progress within the built environment [3]

Group 1 - Carrier Global Corporation participated in the Bank of America Global Industrials Conference, highlighting its significant presence and engagement in the industry [1][2] - The company showcased its strong performance at the ISH Show in Frankfurt, attracting over 100,000 visitors to its booth, indicating robust interest in its offerings [3] - Carrier's vision is to be the global leader in intelligent climate energy solutions, emphasizing its commitment to sustainability and innovation in energy solutions [4]

SaaS solution minimizes manual processes, accelerates batch release cycles and meets regulatory compliance* PALM BEACH GARDENS, Fla., March 18, 2025  /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, announces the launch of Carrier Lynx FacTOR™, a revolutionary software-as-a-service (SaaS) solution designed to transform product release processes in the pharmaceutical industry. Lynx FacTOR automates end-to-end product release evaluations, mini ...