8-KEarnings & ResultsRegulation FDExhibits & Filings

CARRIER GLOBAL Corp 8-K Report, Financial Results (Apr 25, 2023)

Filed April 25, 2023For Securities:CARR

Summary

Carrier Global Corporation (CARR) filed an 8-K on April 25, 2023, to report its first quarter 2023 financial results. The company also announced a significant strategic move: the acquisition of the climate solutions business of Viessmann Group GmbH & Co. KG. This acquisition, detailed in a separate announcement, is a major development and will be a key topic of discussion during Carrier's upcoming conference call. Investors should note that the earnings conference call originally scheduled for April 27, 2023, has been cancelled and replaced with a call on April 26, 2023, to accommodate the discussion of both the Q1 results and the Viessmann acquisition. The press release detailing the Q1 results is furnished with this filing, but as is standard for such disclosures, it is not considered 'filed' for liability purposes under SEC regulations.

Key Highlights

  • 1Carrier Global Corp announced its first quarter 2023 results via an 8-K filing on April 25, 2023.
  • 2The company separately announced the acquisition of the climate solutions business of Viessmann Group GmbH & Co. KG.
  • 3The Viessmann acquisition is a significant strategic development for Carrier.
  • 4Carrier has rescheduled its earnings conference call to April 26, 2023, at 7:30 a.m. ET.
  • 5The rescheduled conference call will cover both Q1 2023 results and the Viessmann acquisition.
  • 6The previously scheduled Q1 earnings call for April 27, 2023, has been cancelled.
  • 7The Q1 earnings press release is furnished as an exhibit but not deemed 'filed' for liability purposes.

Frequently Asked Questions

This 8-K filing primarily announces the release of Carrier's Q1 2023 results and does not contain the detailed financial figures. The specific financial performance for the first quarter is expected to be shared during the conference call on April 26, 2023, and in the accompanying press release.

The acquisition of Viessmann's climate solutions business represents a major strategic move for Carrier. While the 8-K doesn't provide details, the discussion on the conference call is expected to highlight how this acquisition will impact Carrier's business, market position, and future growth strategy, likely strengthening its presence in the climate solutions sector.

The conference call was rescheduled from April 27 to April 26, 2023, to accommodate the discussion of both Carrier's first quarter 2023 financial results and the newly announced acquisition of Viessmann's climate solutions business. This allows for a more comprehensive and timely update for investors.

The detailed Q1 2023 financial results are available in the press release furnished as Exhibit No. 99 to this 8-K filing. Additionally, these results will be discussed during the conference call on April 26, 2023, and will likely be incorporated into future SEC filings.