United Technologies (UTX) Tops Q3 EPS by 12c; Approves $12B Common Stock Buyback

October 20, 2015 6:59 AM EDT
Get Alerts UTX Hot Sheet
Price: $86.01 --0%

Financial Fact:
Product sales: 10.19B

Today's EPS Names:
SVBT, ZEO, OTLK, More
Join SI Premium – FREE

United Technologies (NYSE: UTX) reported Q3 EPS of $1.67, $0.12 better than the analyst estimate of $1.55. Revenue for the quarter came in at $13.8 billion versus the consensus estimate of $14.56 billion.

UTC Board of Directors authorizes $12 billion share repurchase plan; $16 billion share repurchases expected for 2015 - 2017

Guidance:

United Technologies sees FY2015 EPS of $6.15-$6.30, versus the consensus of $6.21. United Technologies sees FY2015 revenue of $57-58 billion, versus the consensus of $57.6 billion.

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



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Earnings, Guidance, Hot Buybacks, Stock Buybacks

Related Entities

Stock Buyback, Earnings