Company News: United Technologies Corp (UTX) lowered EPS and revenues guidance

Market news

21 July 2015

Company News: United Technologies Corp (UTX) lowered EPS and revenues guidance

Company reported Q2 profit of $1.81 per share versus $1.72 consensus. Revenues fell 5.0% year/year to $16.33 bln versus $16.52 bln consensus.

Company lowered EPS guidance for FY15 to $6.45-6.60 from $6.55-6.85 versus $6.82 consensus. Revenue guidence lowered to $57-58 bln from prior $58-59 bln versus $64.72 bln consensus.

UTX fell to $106.00 (-4.06%) on the premarket.

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