secwatch.observer — SEC 8-K summary
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Issuer:     CARRIER GLOBAL Corp (CARR)
CIK:        0001783180
Form:       8-K
Filed at:   2023-04-25T23:59:59+00:00
Accession:  0001783180-23-000036
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01
LLM model:  deepseek-v4-flash:cloud@v2

Carrier Q1 EPS $0.44 GAAP/$0.52 adj; sales $5.3B (+13%); reaffirms FY23 guidance; announces Viessmann acquisition
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- GAAP EPS $0.44, adjusted EPS $0.52; net income $373M, adjusted net income $442M.
- Sales $5.3B (+13% YoY); organic sales +4%; commercial HVAC/controls double-digit; F&S +9%; Refrigeration -5% organic.
- Free cash flow $50M (operating cash $120M less capex $70M); repurchased $62M of stock in Q1.
- Reaffirms FY23 guidance: sales ~$22B, adj op margin ~14%, adj EPS $2.50-$2.60, FCF ~$1.9B.
- Also announced acquisition of Viessmann climate solutions business (separate disclosure); conference call rescheduled to Apr 26.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1783180/000178318023000036/0001783180-23-000036-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1783180/000178318023000036/carr-20230425.htm
  HTML page:      https://secwatch.observer/filing/0001783180-23-000036

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