UTC Announces 2016 EPS And Sales Expectations

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United Tech (UTX) Offers No Frills Guidance; Outlook Appears Well Balanced - RBC

December 11, 2015 8:23 AM EST

RBC reaffirmed its Sector Perform rating and $100 price target on United Technologies Corp. (NYSE: UTX) following the company's issuance of FY16 guidance and update on Thursday.

Analyst Robert Stallard noted that UTX has a balanced outlook for next year. The analyst commented: UTX has a lot of moving parts, but we would... More

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