CARR Earnings Prediction
The chart below shows how CARR performed 10 days before and after its earnings report, based on data from the past quarters. Typically, CARR sees a +0.89% change in stock price 10 days leading up to the earnings, and a +4.43% change 10 days following the report. On the earnings day itself, the stock moves by +0.00%. This data can give you a slight idea of what to expect for the next quarter's release.
CARR Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
5.15B
19.28%
-13.97%
Gross Margin
26.22%
1.04%
-7.28%
Operating Margin
8.39%
571.20%
-33.94%
Net Margin
-0.58%
-105.74%
-105.81%
EPS
2.87
485.71%
485.71%
No Data Available
CARR Earnings Analysis
Carrier Global Corp Corporation (CARR.N) Earnings Conference Call
Positive
Q4 EPS Exceeds Expectations: Carrier Global Corporation reported an adjusted EPS of $0.54 for Q4 2024, exceeding expectations of $0.50, marking a 50% year-over-year increase.
Strong HVAC Demand Growth: Total company orders increased by low teens, with HVAC Americas orders up approximately 40%, indicating strong demand in the segment.
HVAC Segment Sales Growth: The HVAC segment achieved organic sales growth of 11% in Q4, with residential sales up 35%, driven by strong volume compared to a weak prior year.
Q4 Adjusted Operating Profit Growth: Adjusted operating profit for Q4 rose by 65% year-over-year, supported by the integration of Viessmann Climate Solutions and strong organic growth.
Shareholder Value Commitment: Carrier returned over $2.6 billion to shareholders through dividends and share repurchases, reflecting a commitment to shareholder value.
Negative
HVAC Market Challenges: Weakness in residential light commercial HVAC in Europe and China negatively impacted overall performance, contributing to flat organic sales in EMEA and a decline in Asia.
Organic Orders Decline: Total company organic orders were down mid-single digits in EMEA and Asia, indicating a slowdown in demand in key markets, particularly in China.
Commercial Refrigeration Exit Impact: The exit from the commercial refrigeration segment resulted in a $750 million year-over-year revenue headwind, significantly affecting overall sales projections for 2025.
Free Cash Flow Concerns: Free cash flow for Q4 was an outflow of about $90 million, contrasting with expectations and indicating potential liquidity issues.
Flat Organic Revenue Growth: The company anticipates flat organic revenue growth in Q1, reflecting ongoing challenges in the residential and light commercial HVAC markets in Europe and China.
CARR FAQs
How does CARR typically perform around its earnings report dates?
Is Carrier Global Corp (CARR) Q4 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
CARR Earning Call Sentiment
Carrier Global Corporation (NYSE:CARR) Q4 2024 Earnings Call Transcript
CARR.N
-0.84%Positive
The earnings call summary indicates strong financial performance, with significant EPS growth, sales increase, and margin expansion. The shareholder return plan is robust, with substantial share repurchases and dividend increases. The Q&A section reveals management's confidence in overcoming tariff challenges and maintaining strong pricing strategies. Despite some uncertainties, the optimistic guidance for 2025 and successful integration of Viessmann suggest positive future prospects. These factors collectively point to a positive stock price movement over the next two weeks.
