United Technologies (UTX) Tops Q1 EPS by 4c; Raises FY11 Outlook
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United Technologies Corp. (NYSE: UTX) reported Q1 EPS of $1.11, $0.04 better than the analyst estimate of $1.07. Revenue for the quarter came in at $13.3 billion versus the consensus estimate of $12.83 billion.
Raises its FY11 EPS guidance from $5.20-$5.35 to $5.25-$5.40, versus the consensus of $5.36. Sees sales of $57 billion at the high end.
Raises its FY11 EPS guidance from $5.20-$5.35 to $5.25-$5.40, versus the consensus of $5.36. Sees sales of $57 billion at the high end.
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