Carrier Q3 sales up 5% to $5.7B; adjusted EPS $0.89; raises FY adjusted EPS guidance to ~$2.70

CARRIER GLOBAL Corp

2023-Q3 EPS reported $1.09 revenue$16,996,000,000

GAAP EPS $0.42; adjusted EPS $0.89 on adjusted operating profit of $1.0B (+21% YoY).
Organic sales grew 3%; HVAC segment up 4% organically with commercial HVAC high-single-digit growth.
Free cash flow $949M; net cash from operations $1.04B; FY free cash flow guidance raised to >$1.9B.
Raised adjusted EPS guidance to ~$2.70 (prior $2.55-$2.65) and adjusted operating margin to ~14.5% (prior 14.0%-14.5%).
Viessmann Climate Solutions combination on track to close early January 2024.

item 2.02

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

CARRIER GLOBAL Corp reported third quarter of 2023 results: revenue $5.7 billion, net income $357 million, EPS $0.42. Guidance raised.

Period: third quarter of 2023
Revenue: $5.7 billion
Net income: $357 million
EPS: $0.42
Guidance: raised
Result: reported results

Exact text from the filing

Carrier’s third quarter sales of $5.7 billion were up 5% compared to the prior year and organic sales grew 3% over the same period.

View on SEC.gov

Browse all earnings releases →

CARRIER GLOBAL Corp filing history →

Source: SEC EDGAR

accession 0001783180-23-000063

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.