United Technologies (UTX) Tops Q1 EPS by 8c

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UTC Reports First Quarter 2016 Results

April 27, 2016 6:56 AM EDT

FARMINGTON, Conn., April 27, 2016 /PRNewswire/ -- United Technologies Corp. (NYSE: UTX) today reported first quarter 2016 results.  All results in this release reflect continuing operations unless otherwise noted.

First quarter Adjusted EPS of $1.47 was up 2 percent versus the prior year.  GAAP EPS for the first quarter was $1.42 per share, which included $0.05 of restructuring charges.  Sales of $13.4 billion were flat year-over-year... More