David Gitlin

“With strong orders, record backlog levels, and first-half results being better than expected, we are raising our full-year guidance on sales, operating profit, and EPS.”

“Well, first, Joe, thanks to you for having us. Thanks to Wells Fargo. I think short term, what I would say is for the quarter, all good. We had said it'd be $6 billion in sales, $0.80 of EPS.”

“When you look at Carrier, the part of our portfolio that has been really good is off-the-charts good. So over 40% of the portfolio is a combination of commercial HVAC and aftermarket.”

“Let me start by thanking our team globally who continue to deliver differentiated solutions for our customers and help preserve the planet for generations to come, while also delivering financial results that exceeded our expectations.”

“Though short-cycle residential and light commercial markets softened more than we expected in the second half of the year, we made meaningful progress on our strategic priorities and reached major milestones, including growing our data center business to around $1 billion.”