secwatch.observer — SEC 8-K summary
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Issuer:     CARRIER GLOBAL Corp (CARR)
CIK:        0001783180
Form:       8-K
Filed at:   2025-10-28T23:59:59+00:00
Accession:  0001783180-25-000063
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Carrier cuts FY2025 guidance; Q3 adjusted EPS $0.67 vs $0.77 YoY, sales down 7%
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- Q3 net sales $5.579B (-7% YoY); organic -4%; GAAP EPS $0.47, adjusted EPS $0.67 (-13%).
- CSA Residential volumes down ~30%; Commercial HVAC up 30% in Americas.
- Full-year guidance cut: sales ~$22B (was ~$23B), adj EPS ~$2.65 (was $3.00-3.10).
- Free cash flow guidance lowered to ~$2B from $2.4-2.6B; YTD returned $3B to shareholders.
- Board approved $5B share repurchase authorization, bringing total to ~$5.8B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1783180/000178318025000063/0001783180-25-000063-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1783180/000178318025000063/carr-20251028.htm
  HTML page:      https://secwatch.observer/filing/0001783180-25-000063

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