Carrier reports strong first quarter 2024 results

Net sales up 17% versus first quarter 2023; organic sales up 2% gaap eps of $0.29 and adjusted eps of $0.62 gaap operating margin down 240 bps year over year; adjusted operating margin expanded 280 bps maintaining full year 2024 adjusted eps guidance range despite additional $0.05 headwind from the earlier timing of business exits increasing full year 2024 adjusted operating margin guidance to ~15.5% expect to resume share repurchases in 2024 palm beach gardens, fla. , april 25, 2024 /prnewswire/ -- carrier global corporation (nyse:carr), global leader in intelligent climate and energy solutions, today reported strong financial results for the first quarter of 2024 and reaffirmed its full year earnings guidance despite the expected earlier timing of business exits compared to guidance provided in february.
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