secwatch.observer — SEC 8-K summary
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Issuer:     CARRIER GLOBAL Corp (CARR)
CIK:        0001783180
Form:       8-K
Filed at:   2024-07-25T23:59:59+00:00
Accession:  0001783180-24-000075
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02
LLM model:  deepseek-v4-flash:cloud@v2

Carrier Q2 sales $6.7B +12%; adj EPS $0.87; FY guidance reaffirmed; $1B buyback planned
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- GAAP EPS $2.55, adjusted EPS $0.87; adjusted operating margin expanded 200 bps.
- Organic sales up 2%; HVAC Americas mid-single-digit growth; HVAC EMEA low-single-digit; Refrigeration organic +1%; Fire & Security organic +3%.
- Closed two of four business exits; received $5.0B from Access Solutions sale; redeemed $1.0B notes; repaid €2.3B term loans.
- Plan to repurchase about $1B shares in H2 2024; free cash flow $549M in Q2.
- Full-year guidance: sales ~$25.5B, adjusted EPS $2.80-$2.90, adjusted operating margin ~15.5%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1783180/000178318024000075/0001783180-24-000075-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1783180/000178318024000075/carr-20240725.htm
  HTML page:      https://secwatch.observer/filing/0001783180-24-000075

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