Carrier Global Corporation Q3 2024 Earnings Conference Call
October 24, 2024 7:30 AM ET
Company Participants:
Samuel Pearlstein – Vice President of Investor Relations, CFO of Fire & Security segment
David Gitlin – Chairman & Chief Executive Officer
Patrick Goris – Senior Vice President & Chief Financial Officer
Conference Call Participants:
Jeffrey Sprague – Vertical Research Partners
Julian Mitchell – Barclays
Andrew Kaplowitz – Citigroup
Nigel Coe – Wolfe Research
Deane Dray – RBC Capital Markets
Joe Ritchie – Goldman Sachs
Stephen Tusa – JPMorgan
Noah Kaye – Oppenheimer
Andrew Obin – BofA Securities
Chris Snyder – Morgan Stanley
Operator: Good morning, and welcome to Carrier’s Third Quarter 2024 Earnings Conference Call. I would like to introduce your host for today’s conference, Sam Pearlstein, Vice President of Investor Relations and CFO of the Fire & Security segment.
In the Q3 2024 earnings conference call, Carrier Global Corporation reported strong financial results, with revenue exceeding expectations and profits showing significant growth. David Gitlin, Chairman and CEO, highlighted the company’s continued focus on innovation and sustainability, driving growth across all segments.
Patrick Goris, Senior Vice President and CFO, discussed the financial details, pointing out key areas of improvement and strategic investments for future growth. Analysts on the call, including Jeffrey Sprague, Julian Mitchell, and Andrew Kaplowitz, praised Carrier’s performance and expressed optimism for the company’s outlook.
Looking ahead, Carrier Global Corporation remains committed to delivering value for customers, shareholders, and the environment. The company’s strong earnings in Q3 2024 demonstrate its ability to adapt to market trends and drive sustainable growth.
How will this affect me?
As a shareholder or potential investor in Carrier Global Corporation, the positive Q3 earnings report is likely to boost confidence in the company’s performance and future prospects. This could impact stock prices and overall returns on investment.
How will this affect the world?
Carrier Global Corporation’s success in Q3 2024 reflects its commitment to sustainability and innovation, which could have wider implications for the industry and the environment. By setting a positive example in corporate responsibility, Carrier is contributing to a more sustainable future for the world.
Conclusion
Overall, Carrier’s Q3 2024 earnings conference call showcases the company’s strong performance and strategic direction. With a focus on innovation, sustainability, and financial growth, Carrier Global Corporation is well-positioned for continued success in the ever-evolving market landscape.
