Carrier Gb Cp Stock Price, News & Analysis

Carrier Global Corporation (NYSE:CARR) reported a 4% decline in net sales for Q2 2022, totaling $5.2 billion, with organic sales up by 7%. The company raised its full-year adjusted EPS guidance to $2.25 - $2.35, from $2.20 - $2.30. Notably, operating profit increased by 5% year-over-year to $819 million, supported by strong price realization despite supply chain challenges. Carrier is set to finalize its acquisition of Toshiba Carrier Corporation in early August 2022, adding $800 million in incremental sales.

NORESCO, a unit of Carrier Global Corporation (NYSE: CARR), has secured a three-year contract with the California Energy Commission (CEC) to develop the state's 2025 building energy code. This partnership aims to further California's clean energy objectives, with NORESCO leveraging over 15 years of experience in enhancing energy standards. The upcoming code cycle will promote decarbonization and support the installation of 6 million heat pumps by 2030. NORESCO will deliver essential technical expertise to help meet the evolving energy priorities of California's building sector.

Carrier Global Corporation (NYSE: CARR) has partnered with Office Partners XXIII Block G1 LLC to design and operate a high-efficiency heating and cooling plant for the new FNB Financial Center in Pittsburgh. This 26-story, 475,000-square-foot mixed-use tower aims for a targeted LEED Silver rating. Carrier's Cooling-as-a-Service model will enhance energy efficiency and reduce operational costs. Construction is expected to complete by late 2023, positioning the FNB Financial Center as a key development in the Lower Hill District redevelopment.

Carrier Global Corporation (NYSE:CARR) will report its Q2 2022 earnings on July 28 at 7:30 a.m. ET. A conference call and webcast will follow, with access details provided upon pre-registration. Carrier is a leading provider of sustainable building and cold chain solutions, focusing on making environments safer and more comfortable. The presentation can be accessed through ir.carrier.com.

Carrier Global Corporation has announced a collaboration with Procter & Gamble to enhance indoor air quality and home safety. The initiative aims to raise awareness of healthy home practices, particularly in light of increased consumer concern since the pandemic. Key strategies include education on home health, innovative product development, and integrated solutions to simplify home maintenance. This partnership reflects a growing consumer interest in wellbeing and safety, and aims to provide actionable insights for improving home environments.

Kidde, the leading fire safety brand in North America, unveiled its new Kidde HomeSafe suite of Wi-Fi-enabled safety devices aimed at enhancing home safety. These products allow comprehensive monitoring of smoke, carbon monoxide, air quality, and water leaks through integration with the Kidde app. A survey shows 83% of Americans own smart devices for safety, with 60% depending on them for family protection. The Kidde HomeSafe devices are designed to provide real-time alerts and peace of mind, reinforcing the brand's commitment to creating safer homes.

Carrier Global Corporation (NYSE:CARR) announced a quarterly dividend of $0.15 per share, payable on August 10, 2022, to shareholders recorded by June 23, 2022. This action reflects the company's commitment to returning value to shareholders while maintaining its focus on delivering healthy, safe, and sustainable building solutions. Carrier is recognized for its innovative technologies and diverse workforce dedicated to customer satisfaction.

Carrier has partnered with Marketing 360 to provide cutting-edge digital marketing tools to its HVAC dealers. This collaboration aims to enhance the marketing capabilities of Carrier's contractors, facilitating business growth through the Marketing 360 platform. The platform offers a wide range of services including payment processing, CRM, and automation tools, designed to help HVAC businesses scale efficiently. With this initiative, Carrier reinforces its commitment to delivering superior digital experiences for its channel partners, ensuring they stay competitive in the market.

Carrier Global Corporation (NYSE:CARR) will have its Senior Vice President & Chief Financial Officer, Patrick Goris, speak at the Wolfe Global Transportation & Industrials Conference on May 24, 2022, at 9:10 a.m. ET. The event will be accessible via a live broadcast on ir.carrier.com, with a replay available afterward. Carrier is a global leader in building and cold chain solutions, dedicated to sustainability and safety. For further details, visit www.Corporate.Carrier.com.