Why Carrier Global Shares Are Surging Today
Why Carrier Global Shares Are Surging Today
Carrier Global Corp (NYSE:CARR) shares are trading higher, rebounding from earlier weakness following first quarter FY24 results.
開利環球公司（紐約證券交易所代碼：CARR）股價走高，在24財年第一季度業績公佈後從先前的疲軟中反彈。
Net sales rose 17% Y/Y to $6.18 billion, missing the consensus of $6.28 billion.
淨銷售額同比增長17％，至61.8億美元，未達到62.8億美元的共識。
Adjusted operating profit of $927 million was up 44% Y/Y, driven by strong productivity and the contribution from Viessmann Climate Solutions. Margin expanded to 15.0% from 12.2% a year ago.
在強勁的生產率和維斯曼氣候解決方案的貢獻的推動下，調整後的營業利潤爲9.27億美元，同比增長44％。利潤率從去年同期的12.2％擴大到15.0％。
The company reported adjusted EPS of $0.62, beating the consensus of $0.51.
該公司報告調整後的每股收益爲0.62美元，超過市場預期的0.51美元。
Net cash provided by operating activities totaled $40 million, and capital expenditures were $104 million, resulting in a free cash outflow of $(64) million.
經營活動提供的淨現金總額爲4000萬美元，資本支出爲1.04億美元，自由現金流出爲6400萬美元。
The company exited the quarter with cash and cash equivalents worth $1.31 billion.
該公司以價值13.1億美元的現金和現金等價物退出本季度。
David Gitlin, Carrier Chairman & CEO, said, "We closed on Viessmann Climate Solutions at the beginning of the year, which will be transformational for Carrier and the industry. We are focused on capitalizing on the long-term secular sustainability trends, outperforming the market, and achieving and accelerating revenue and cost synergies."
開利董事長兼首席執行官戴維·吉特林表示：“我們在年初關閉了維斯曼氣候解決方案，這將爲開利和整個行業帶來變革。我們專注於利用長期的長期可持續發展趨勢，跑贏市場，實現和加快收入和成本協同效應。”
"The business exits are also on track as we are within months of closing on three of our four transactions and are making significant progress on completing the fourth. We now expect to resume share repurchases in 2024 as the net proceeds from the announced transactions help us return to ~2x net leverage this year."
“業務退出也步入正軌，因爲我們在完成四筆交易中的三筆後的幾個月內就完成了，並且在完成第四筆交易方面取得了重大進展。我們現在預計將在2024年恢復股票回購，因爲已宣佈交易的淨收益將幫助我們今年恢復到約2倍的淨槓桿率。”
Read: Fire Sale: Carrier Global Divests Industrial Fire Unit For $1.425B In Portfolio Shake-Up
閱讀: 大甩賣：開利環球在投資組合重組中以14.25億美元的價格撤出工業消防裝置
FY24 Outlook: Carrier reiterated adj. EPS of $2.80-$2.90 versus the $2.84 estimate.
24財年展望：承運人重申了adj每股收益爲2.80美元至2.90美元，而預期爲2.84美元。
The company revised its sales outlook to ~$26 billion from ~$26.5 billion (vs. $26.205 billion estimate), with mid-single-digit organic growth.
該公司將其銷售前景從約265億美元（估計爲262.05億美元）上調至約260億美元，有機增長處於中等個位數。
Carrier now sees an adjusted operating margin of 15.5% (vs. 15%-15.5% earlier) and a free cash flow of ~$0.4 billion.
開利現在預計調整後的營業利潤率爲15.5％（之前爲15％-15.5％），自由現金流約爲4億美元。
Also Read: Carrier Global Invests In Strategic Thermal Labs For Data Center Cooling Solutions
另請閱讀: 開利環球投資戰略散熱實驗室，提供數據中心冷卻解決方案
Investors can gain exposure to the stock via First Trust US Equity Opportunities ETF (NYSE:FPX) and Invesco S&P Spin-Off ETF (NYSE:CSD).
投資者可以通過第一信託美國股票機會ETF（紐約證券交易所代碼：FPX）和景順標普分拆ETF（紐約證券交易所代碼：CSD）獲得股票敞口。
Price Action: CARR shares are up 7.3% at $58.77 at the last check Thursday.
價格走勢：在週四的最後一次支票中，CARR股價上漲7.3％，至58.77美元。