earnings
confidence high
sentiment positive
materiality 0.80
Carrier Q3 net sales up 21% to $6.0B; adjusted EPS from continuing ops $0.77; board adds $3B to buyback authorization
CARRIER GLOBAL Corp
2024-Q3 EPS reported
$3.34
revenue$17,338,000,000
- Q3 net sales of $6.0B, up 21% YoY; organic sales up 4%; GAAP EPS from cont ops $0.62, adjusted $0.77
- Board approved $3B increase to share repurchase authorization, bringing total available to ~$4.7B
- Fire & Security segment now reported as discontinued operations; prior guidance not comparable
- Full-year 2024 guidance: sales ~$22.5B, adj EPS ~$2.50, adj operating margin ~15.5%, free cash flow ~($0.2B)
- AFFF settlements announced; final business exits on track to close around year end