secwatch.observer — SEC 8-K summary
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Issuer:     CARRIER GLOBAL Corp (CARR)
CIK:        0001783180
Form:       8-K
Filed at:   2023-07-27T23:59:59+00:00
Accession:  0001783180-23-000053
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02
LLM model:  deepseek-v4-flash:cloud@v2

Carrier Q2: sales $6.0B (+15%), adj EPS $0.79; FY adj EPS guidance raised to $2.55-$2.65
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- Net sales $6.0B, up 15% YoY (organic +6%); commercial HVAC up high-teens, North America resi HVAC +5%.
- GAAP EPS $0.23; adjusted EPS $0.79; adjusted operating profit $964M up 12%; one-time charges: $293M KFI deconsolidation, $111M Viessmann hedge.
- FY 2023 guidance raised: sales >$22B, adj op margin 14.0-14.5%, adj EPS $2.55-$2.65 (from $2.50-$2.60).
- Q2 free cash flow $310M; full-year FCF guidance unchanged ~$1.9B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1783180/000178318023000053/0001783180-23-000053-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1783180/000178318023000053/carr-20230727.htm
  HTML page:      https://secwatch.observer/filing/0001783180-23-000053

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