8-K
filed February 7, 2023, 6:59 PM ET
ticker CARR
CIK 0001783180
earnings
confidence high
sentiment positive
materiality 0.75
Carrier Q4 sales $5.1B, adj EPS $0.40; guides FY23 adj EPS $2.50-2.60
CARRIER GLOBAL Corp
2022-FY EPS reported
$4.10
revenue$20,421,000,000
- Q4 sales $5.1B (-1% reported, +5% organic). GAAP EPS $0.32, adjusted EPS $0.40.
- Full-year 2022 sales $20.4B (-1% reported, +8% organic). GAAP EPS $4.10, adj EPS $2.34.
- 2023 guidance: sales ~$22B, adj EPS $2.50-$2.60, free cash flow ~$1.9B.
- Adjusted operating margin ~14% for 2023, including ~50 bps negative impact from TCC acquisition.
- Free cash flow in Q4 was $983M; full-year FCF $1.4B; $1.4B in share repurchases during 2022.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
CARRIER GLOBAL Corp reported full year 2022 results: revenue $20.4 billion, net income $3.5 billion, EPS $4.10.
- Period
- full year 2022
- Revenue
- $20.4 billion
- Net income
- $3.5 billion
- EPS
- $4.10
- Result
- reported results
Exact text from the filing
• GAAP EPS of $0.32 and adjusted EPS of $0.40 • Net cash flow from operating activities of $1.1 billion and free cash flow of $983 million Full Year 2022 Highlights • Sales of $20.4 billion, down 1% compared to 2021 including 8% organic growth • GAAP EPS of $4.10 and adjusted EPS of $2.34 • Net cash flow from operating activities of $1.7 billion and free cash flow
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
CARRIER GLOBAL Corp reported fourth quarter 2022 results: revenue $5.1 billion, net income $270 million, EPS $0.32.
- Period
- fourth quarter 2022
- Revenue
- $5.1 billion
- Net income
- $270 million
- EPS
- $0.32
- Result
- reported results
Exact text from the filing
a filing. Section 9—Financial Statements and Exhibits --- EX-99 (EX-99) --- Carrier Reports 2022 Results and Announces 2023 Outlook Fourth Quarter 2022 Highlights • Sales of $5.1 billion, down 1% compared to 2021 including 5% organic growth • GAAP EPS of $0.32 and adjusted EPS of $0.40 • Net cash flow from operating activities of $1.1 billion and free cash flow
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
CARRIER GLOBAL Corp reported full year 2023 results: revenue ~$22 billion, EPS $2.50 - $2.60. Guidance initiated.
- Period
- full year 2023
- Revenue
- ~$22 billion
- EPS
- $2.50 - $2.60
- Guidance
- initiated
- Result
- guidance update
Exact text from the filing
growth • GAAP EPS of $4.10 and adjusted EPS of $2.34 • Net cash flow from operating activities of $1.7 billion and free cash flow of $1.4 billion Outlook for 2023 • Sales of ~$22 billion with low to mid-single digit organic* growth • Adjusted operating margin* of ~14%, includes ~50 bps negative impact from TCC • Adjusted EPS* of $2.50 - $2.60, up high-single to
View on SEC.gov
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