secwatch.observer — SEC 8-K summary
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Issuer:     CARRIER GLOBAL Corp (CARR)
CIK:        0001783180
Form:       8-K
Filed at:   2024-10-24T23:59:59+00:00
Accession:  0001783180-24-000084
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01
LLM model:  deepseek-v4-flash:cloud@v2

Carrier Q3 net sales up 21% to $6.0B; adjusted EPS from continuing ops $0.77; board adds $3B to buyback authorization
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- 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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1783180/000178318024000084/0001783180-24-000084-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1783180/000178318024000084/carr-20241024.htm
  HTML page:      https://secwatch.observer/filing/0001783180-24-000084

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