United Technologies (UTX) Tops Q1 EPS by 13c; Reaffirms FY15 Outlook

United Technologies (NYSE: UTX) reported Q1 EPS of $1.58, $0.13 better than the analyst estimate of $1.45. Revenue for the quarter came in at $14.5 billion versus the consensus estimate of $14.91 billion.

"Although commercial aerospace aftermarket growth was slower in the quarter than we anticipate for the year," Hayes added, "the commercial building business in the U.S. is looking better and I'm encouraged by the signs of growth that we're seeing in Europe. We remain confident in our expectations of 3 to 5 percent organic top line growth and sales of $65 to $66 billion, and this continues to support our earnings per share guidance of $6.85 to $7.05 in 2015."

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

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