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Carrier For Immediate Release ● ● ● ● Carrier Reports Third Quarter 2021 Results Raising outlook to the high - end of prior adjusted earnings per share guidance Sales of $ 5.3 billion , up 7 % compared to 2020 including 4 % organic growth GAAP EPS of $ 0.53 and adjusted EPS of $ 0.71 Net cash flow from operating activities of $ 579 million and free cash flow of $ 505 million Raising full - year 2021 projected organic sales growth to ~ 16 % , ~ 13 % organic * Raising full - year 2021 projected adjusted EPS to ~ $ 2.20 from a range of $ 2.10 to $ 2.20 * Reaffirming full - year 2021 projected free cash flow of ~ $ 1.9 billion * PALM BEACH GARDENS , Fla . , October 28 , 2021 – Carrier Global Corporation ( NYSE : CARR ) today reported financial results for the third quarter of 2021 and updated its full year outlook . Carrier is the leading global provider of healthy , safe , sustainable and intelligent building and cold chain solutions . " We delivered a strong quarter driven by continued growth across our portfolio , " said Carrier Chairman & CEO David Gitlin . " Our results demonstrate continued robust demand and reinforce our positive long - term outlook . Despite supply chain challenges impacting our input costs and factory output , our team has gone to great lengths to deliver superior products and solutions to our customers . We are helping to address critical societal needs , including climate change , indoor air quality , and the safe distribution of food and vaccines . Our future growth will be driven by our differentiated products and solutions , which are supported by secular tailwinds propelling our healthy , safe , sustainable and intelligent building and cold chain solutions . " 1