Carrier (CARR) - 2024 Q2 - Quarterly Results

Exhibit 99 Carrier Reports Strong Second Quarter 2024 Results • Net sales of $6.7 billion up 12% versus second quarter 2023; organic sales up 2% • GAAP EPS of $2.55 up significantly and adjusted EPS of $0.87 up double-digits • GAAP operating margin expanded significantly year over year; adjusted operating margin expanded 200 bps • Reaffirming full year 2024 adjusted EPS guidance range • Closed two of four business exit transactions; remaining two on-track • Expect to repurchase about $1 billion worth of sha ...