United Technologies (NYSE: UTX) reported Q2 EPS of $1.65, $0.07 better than the analyst estimate of $1.58. Revenue for the quarter came in at $16 billion versus the consensus estimate of $16.41 billion. Numbers compare with EPS of $1.62 and revs of $13.8 billion reported in the same period last year.

Organic sales were flat with the year ago quarter. Second quarter segment operating profit increased 15 percent over the prior year quarter. Adjusted for restructuring costs and net one-time items, segment operating profit also grew 15 percent.

United Tech also said that new equipment orders at Otis increased 23 percent over the year ago second quarter, led by 39 percent growth in China.

United Tech now expects to invest $450 million in restructuring for 2013, up from the prior estimate of $350 million. As before, the company anticipates restructuring expenses will be offset by one-time items.

Sees FY2013 revenue of $64.0 billion, at the lower end of its previous $64 billion - $65 billion range, and sees EPS of $6.00 - $6.15, from $5.85 - $6.15 previously expected. The Street sees FY13 revs of $64.5 billion and EPS of $6.11.

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