• Company News: United Tech (UTX) Q3 results beat analysts’ expectations

Noticias del mercado

25 octubre 2016

Company News: United Tech (UTX) Q3 results beat analysts’ expectations

United Tech reported Q3 FY 2016 earnings of $1.76 per share (versus $1.67 in Q3 FY 2015), beating analysts' consensus estimate of $1.67.

The company's quarterly revenues amounted to $14.354 bln (+4.1% y/y), slightly beating analysts' consensus estimate of $14.286 bln.

The company also published guidance for FY 2016, projecting EPS of $6.55-6.60 (versus analysts' consensus estimate of $6.54) and revenues of $57-58 bln (versus analysts' consensus estimate of $57.22 bln).

UTX rose to $101.49 (+1.98%) in pre-market trading.

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