secwatch.observer — SEC 8-K summary
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Issuer:     CARRIER GLOBAL Corp (CARR)
CIK:        0001783180
Form:       8-K
Filed at:   2023-10-26T23:59:59+00:00
Accession:  0001783180-23-000063
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1783180/000178318023000063/0001783180-23-000063-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1783180/000178318023000063/carr-20231026.htm
  HTML page:      https://secwatch.observer/filing/0001783180-23-000063

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