United Tech (UTX) reported Q2 FY 2018 earnings of $1.97 per share (versus $1.85 in Q2 FY 2017), beating analysts' consensus estimate of $1.86.

The company's quarterly revenues amounted to $16.705 bln (+9.3% y/y), beating analysts' consensus estimate of $16.255 bln.

The company also issued guidance for FY 2018, projecting EPS of $7.10-7.25 (versus analysts' consensus estimate of $7.11 and prior guidance of $6.95-7.15) and revenues of $63.5-64.5 bln (versus analysts' consensus estimate of $64.72 bln and prior guidance of $63.0-64.5 bln.).

UTX rose to $132.50 (+2.42%) in pre-market trading.