United Technologies (UTX) Tops Q3 EPS by 12c; Approves $12B Common Stock Buyback

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Go back to United Technologies (UTX) Tops Q3 EPS by 12c; Approves $12B Common Stock Buyback

UTC Reports Third Quarter 2015 Results; Reaffirms 2015 Full Year Expectations

October 20, 2015 6:57 AM EDT

FARMINGTON, Conn., Oct. 20, 2015 /PRNewswire/ -- United Technologies Corp. (NYSE: UTX) today reported third quarter 2015 results. All results in this release reflect continuing operations unless otherwise noted.

Third quarter earnings per share of $1.61 and net income attributable to common shareowners of $1.4 billion were down 17 percent and 19 percent, respectively, versus the third quarter of 2014.  Results for the current quarter include restructuring costs of $0.06 per share, while earnings per share in the year ago quarter included $0.22 of favorable one-time items net of restructuring.  Excluding... More