Carrier Global Corporation Surges to 114th in Daily Rankings with $734 Million Turnover
1min read On May 1, 2025, carrier global corporation (CARR) saw a significant surge in trading volume, with a total turnover of $734 million, marking a 37.58% increase from the previous day. This substantial rise in trading volume placed carrier global at the 114th position in the daily stock market rankings. The company's stock price also experienced a notable increase, rising by 11.61% and marking its fourth consecutive day of gains, with a total increase of 16.22% over the past four days.
On May 1, 2025, Carrier Global Corporation announced significant changes to its reportable segments and the metrics used to evaluate segment profitability. The company revealed details of its revised segment structure, which will impact how it reports financial performance moving forward. This restructuring is part of the company's ongoing efforts to enhance operational efficiency and drive growth.
Carrier Global Corporation reported its first-quarter 2025 earnings, highlighting an adjusted earnings per share (EPS) of $0.65, surpassing the consensus estimate of $0.58. The company's operating profit, adjusted to exclude restructuring costs, amortization of acquired intangible assets, and other significant items, reflects its financial performance and strategic initiatives aimed at improving profitability.
In April 2023, Carrier Global Corporation announced plans to divest its fire and security, as well as commercial refrigeration businesses. This strategic move is part of the company's broader initiative to focus on core competencies and streamline its operations. Additionally, the company acquired a Germany-based firm, further expanding its global footprint and enhancing its technological capabilities.
