CARR - Carrier Global's Mixed Bag In Q4: Flat Sales Solid Profits And Big Moves In Business Strategy | Benzinga
Carrier Global Corp (NYSE:CARR) reported fourth-quarter fiscal 2023 net sales of $5.10 billion, flat year-over-year, missing the consensus of $5.23 billion.
CARR reported adjusted EPS of $0.53 (+33% Y/Y), beating the consensus of $0.51.
Adjusted operating profit of $557 million was up 8% YoY, with a margin of 10.9%, up 80 bps.
Net cash provided by operating activities for the fiscal year totaled $2.61 billion compared to $1.74 billion in 2022.
For Q4, ...