Companies News: United Technologies Corp (UTX) - one of the largest financial industrial groups in the USA - published its quarterly report

Market news

22 April 2014

Companies News: United Technologies Corp (UTX) - one of the largest financial industrial groups in the USA - published its quarterly report

According to the published data, the profit in the 1st quarter was $ 1.32 per share (forecast: $ 1.27 per share). Revenue climbed 2.4 % to $ 14.74 billion (forecast: $ 14.72 billion).

The company raised its earnings forecast for the full fiscal year 2014. The projected income is $ 6.65 - $ 6.85 per share (forecast: $ 6.83) in the fiscal year 2014. Previously, the company forecasted revenue at $ 6.55 - $ 6.85 per share.

UTX shares rose to $ 118.70 (+0.34 %) in premarket trading.

U.S.: Housing Price Index, m/m, February +0.6%

Canada: Wholesale Sales, m/m, February +1.1% (forecast +0.7%)

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