Carrier Global Q3: Strong Orders Supporting FY 2025 Growth [Seeking Alpha]
Carrier Global Corporation (CARR)
Company Research
Source: Seeking Alpha
Play 6min Summary I reiterate a 'Strong Buy' rating for Carrier Global, driven by their transformation into a climate and energy solutions pure play and robust order growth. Carrier Global's 4% organic revenue growth and 20% order growth, alongside divestitures and AFFF settlement, support strong business expansion in FY25. The company projects 3% organic revenue growth and 150bps margin expansion for FY24, with significant growth potential in the HVAC market. Despite challenges in the Asia Pacific, particularly China, Carrier Global's portfolio transformation and share repurchase plans bolster my $90 per share fair value. Holden Henry/iStock via Getty Images I reiterated a ‘Strong Buy' rating on Carrier Global ( NYSE: CARR ) in September 2024, highlighting their business transformation into a pure play in climate and energy solutions. Carrier Global delivered 4% organic revenue growth with 20% order growth in Q3 FY24 . The company plans to complete all the divestitur
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CARR
News
- Industrial HVAC Market to Grow by USD 7.01 Billion (2024-2028), Driven by Demand for Energy-Efficient Systems, Market Evolution Powered by AI - Technavio [Yahoo! Finance]Yahoo! Finance
- C40 and Carrier Collaborate to Help Cities Tackle Extreme Heat and Enhance Climate Resilience [Yahoo! Finance]Yahoo! Finance
- C40 and Carrier Collaborate to Help Cities Tackle Extreme Heat and Enhance Climate ResiliencePR Newswire
- Industrial Chillers Market to Be Worth $16.5 Billion by 2031--Exclusive Report by Meticulous Research [Yahoo! Finance]Yahoo! Finance
- Cold Chain Monitoring Market Size is Projected to Reach USD 23.29 Billion by 2033, Growing at a CAGR of 13.2%: Straits Research [Yahoo! Finance]Yahoo! Finance
CARR
Earnings
- 10/24/24 - Miss
CARR
Sec Filings
- 11/20/24 - Form SC
- 11/15/24 - Form SC
- 11/13/24 - Form SC
- CARR's page on the SEC website