secwatch.observer — SEC 8-K summary
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Issuer:     CARRIER GLOBAL Corp (CARR)
CIK:        0001783180
Form:       8-K
Filed at:   2022-10-27T23:59:59+00:00
Accession:  0001783180-22-000054
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01
LLM model:  deepseek-v4-flash:cloud@v2

Carrier Q3 adj EPS $0.70; raises FY adj EPS guidance; OKs $2B buyback
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- Q3 sales $5.5B (+2% YoY, organic +8%); GAAP EPS $1.53, adj EPS $0.70.
- FY 2022 adj EPS guidance raised to $2.30-$2.35 from $2.25-$2.35; FCF cut to ~$1.4B.
- Board approved $2B share repurchase authorization; total authority now ~$2.3B.
- HVAC organic sales: res/light comm +12%, commercial +15%; Refrigeration organic -1%.
- Q3 free cash flow $699M; repurchased $247M of common stock in quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1783180/000178318022000054/0001783180-22-000054-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1783180/000178318022000054/carr-20221027.htm
  HTML page:      https://secwatch.observer/filing/0001783180-22-000054

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