Carrier Reports First Quarter 2021 Results
Raises Full-Year Outlook for Sales, Adjusted EPS and Free Cash Flow
- Sales of $4.7 billion, up 21% compared to 2020 including 17% organic growth
- GAAP EPS of $0.43 and adjusted EPS of $0.48
- Net cash flow from operating activities of $184 million and free cash flow of $131 million
- Increases full-year 2021 sales growth outlook to 7% to 10%, 5% to 8% organic
- Increases full-year 2021 adjusted EPS range to $1.95 to $2.05, and free cash flow of about $1.7 billion
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PALM BEACH GARDENS, Fla., April 29, 2021 /PRNewswire/ Carrier Global Corporation (NYSE: CARR) today reported financial results for the first quarter of 2021 and updated its full year outlook. Carrier is the leading global provider of healthy, safe and sustainable building and cold chain solutions.
Carrier Reports First Quarter 2021 Results
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