United Technologies (UTX) Tops Q1 EPS by 13c; Reaffirms FY15 Outlook
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UTC Reports First Quarter 2015 Results
April 21, 2015 6:59 AM EDTHARTFORD, Conn., April 21, 2015 /PRNewswire/ -- United Technologies Corp. (NYSE: UTX) today reported first quarter earnings per share of $1.58 and net income attributable to common shareowners of $1.4 billion, up 20 percent and 18 percent respectively versus the prior year. Â Results for the current quarter include favorable one-time items of $0.07 per share net of restructuring costs. Earnings per share in the year ago quarter included $0.09 of net restructuring costs. Â Excluding these items in both quarters, earnings per share of $1.51 increased 7 percent year over year. Â Foreign currency had an unfavorable impact of... More
