United Technologies (UTX) Tops Q3 EPS by 23c

United Technologies (NYSE: UTX) reported Q3 EPS of $2.04, $0.23 better than the analyst estimate of $1.81. Revenue for the quarter came in at $16.2 billion versus the consensus estimate of $16.16 billion.

"UTC delivered another quarter of solid performance," said Louis Chênevert, UTC Chairman & Chief Executive Officer. "Along with strong margin expansion and a fifth consecutive quarter of organic sales growth, we've seen increased demand for our integrated building solutions and revenue synergy opportunities for our Building & Industrial Systems businesses. We also achieved a number of significant program milestones that position UTC for long-term growth. These include supporting the first flight of the Airbus A320neo with Pratt & Whitney's new Geared Turbofan engines and unveiling Sikorsky's next-generation S-97 Raider helicopter."

For earnings history and earnings-related data on United Technologies (UTX) click here.

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