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United Technologies (UTX) Guides FY16 Flat with Expectations

December 10, 2015 4:31 PM EST

In a meeting with investors and analysts today, United Technologies Corp. (NYSE: UTX) President and Chief Executive Officer Gregory Hayes will communicate the company's expectation for 2015 adjusted earnings per share (Adjusted EPS*) of $6.20 to $6.30, raising the lower end of the previous range by $0.05. In the current quarter, the company expects to record a $3.3 billion after-tax gain on the Sikorsky divestiture.

UTC anticipates 2016 adjusted earnings per share of $6.30 to... More