United Tech (UTX) reported Q1 FY 2019 earnings of $1.91 per share (versus $1.77 in Q1 FY 2018), beating analysts’ consensus of $1.72.
The company’s quarterly revenues amounted to $18.365 bln (+20.5% y/y), beating analysts’ consensus estimate of $18.011 bln.
The company also issued in-line guidance for FY 2019, projecting EPS of $7.80-8.00 (compared to its prior guidance of $7.70-8.00 and analysts’ consensus estimate of $7.91) and revenues of $75.5-77.0 bln (unchanged from its prior guidance and versus analysts’ consensus estimate of $77.07 bln).
UTX rose to $142.40 (+4.01%) in pre-market trading.