United Technologies (UTX) Tops Q4 EPS by 1c

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UTC Reports Full Year 2015 Results, Affirms 2016 Outlook

January 27, 2016 6:59 AM EST

FARMINGTON, Conn., Jan. 27, 2016 /PRNewswire/ -- 

Adjusted results

2015 Adjusted EPS of $6.30 at high end of expected range Adjusted EPS up slightly excluding $0.19 unfavorable FX impact Affirms 2016 expectations for Adjusted EPS of $6.30 to $6.60 on sales of $56 billion to $58 billion

Reported (GAAP) results

2015 GAAP EPS of $4.53, reflecting $0.31 in restructuring and $1.46 of other significant non-recurring and non-operational items Full year sales were $56.1 billion, down 3 percent versus prior year primarily due to FX, with 1 point of organic sales growth

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