United Technologies (UTX) Tops Q1 EPS by 20c, Updates Outlook

United Technologies (NYSE: UTX) reported Q1 EPS of $1.91, $0.20 better than the analyst estimate of $1.71. Revenue for the quarter came in at $18.4 billion versus the consensus estimate of $18 billion.

GUIDANCE:

United Technologies sees FY2019 EPS of $7.80-$8.00 vs $7.90 consensus

• There is no change in the Company's previously provided 2019 expectations for sales of $75.5 to $77.0 billion, including organic sales growth of 3 to 5 percent and free cash flow of $4.5 to $5.0 billion, including $1.5 billion of one-time cash payments related to the portfolio separation

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

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