Mar 16, 2021 / 12:50PM GMT
Charles Stephen Tusa - JPMorgan Chase & Co, Research Division - MD
All right. We're back. Second presentation of the day with Carrier. We have CEO, Dave Gitlin; CFO, Patrick Goris, and I think Sam is in the background there at the head of the table.
As usual, feel free to e-mail, IB or throw your questions in through the event website, and we'll be sure to get those answered. We're going to launch right into the Q&A here.
Questions and Answers:
Charles Stephen Tusa - JPMorgan Chase & Co, Research Division - MDGuys, thanks for joining me. We are going to kind of -- like before we move forward, we're going to take a bit of a step back. And maybe this is a question for Patrick, but the -- a bit surprising to us was the not necessarily -- the revenue performance in the fourth quarter was very good. Really, the decremental margins were I think a little bit weaker than most people were expecting, despite the fact that you guys had guided there. I think, in general, people thought you'd get better core leverage on the sales. Patrick, can
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