- Company News: United Technologies Corp. (UTX) quarterly results beat analysts’ forecasts
Market news
27 April 2016
Company News: United Technologies Corp. (UTX) quarterly results beat analysts’ forecasts
United Technologies Corp. reported Q1 FY 2016 earnings of $1.47 per share (versus $1.51 in Q1 FY 2015), beating analysts' consensus of $1.40.
The company's quarterly revenues amounted to $13.357 bln (+0.3% y/y), beating consensus estimate of $13.186 bln.
United Technologies Corp. reaffirmed guidance for FY 2016, projecting EPS of $6.30-6.60 (versus analysts' consensus estimate of $6.50) and revenues of $56-58 bln (versus analysts' consensus estimate of $57.01 bln).
UTX closed yesterday's trading session at $104.80 (-0.38%).
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