United Technologies (UTX) Tops Q3 EPS by 5c, Raises FY EPS Forecast

United Technologies (NYSE: UTX) reported Q3 EPS of $1.73, $0.05 better than the analyst estimate of $1.68. Revenue for the quarter came in at $15.1 billion versus the consensus estimate of $14.98 billion.

GUIDANCE:

United Technologies sees FY2017 EPS of $6.58-$6.63, versus the consensus of $6.57.

• Adjusted EPS of $6.58 to $6.63, up from $6.45 to $6.60*;
• Sales of $59.0 to $59.5 billion, up from $58.5 to $59.5 billion*;
• No further significant share repurchases or acquisitions;
• There is no change in the Company\'s previously provided 2017 expectations for organic sales growth of 3 to 4 percent* or free cash flow of $3.0 to $3.5 billion.*

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

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