• Company News: United Technologies Corp (UTX) reported better than expected EPS, but revenue was slightly less estimates

Market news

21 April 2015

Company News: United Technologies Corp (UTX) reported better than expected EPS, but revenue was slightly less estimates

Company reports Q1 earnings of $1.51 per share versus $1.46 consensus. Revenues fell 1.4% year/year to $14.54 bln versus $14.87 bln consensus.

Company reaffired guidance for FY15: EPS expected at $6.85-7.05 versus $6.97 consensus, revenue expected at $65-$66 bln versus $65.38 bln consensus.

UTX rose to $118.25 (+1.49%) on the premarket.

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