Carrier Global - Construction Boom Boosts Results Significantly!
Reading Time: 1 minute
Business Drivers: Carrier Global (CARR) is a provider of heating, ventilation, and air conditioning (HVAC), cold chain solutions, as well as security and building automation technologies. Currently, one can benefit from the emerging recovery in the construction sector. However, after a strong Q3 result, the outlook for the current fiscal year was disappointing. The annual earnings per share forecast was revised down from $3.00 to $3.10 to $2.65. Subsequently, a stock buyback program worth $5 billion was announced. On January 16, JPMorgan...
Read this article now with a free account.
Your benefits:
- Every month, you can read 5 articles from the premium section for free.
- Monthly 2 trial issues of the Trader newspaper for free.
- Create a personal watchlist with an overview of news about your stock.
