United Technologies (UTX) Reports In-Line Q4 EPS; Affirms Outlook

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Go back to United Technologies (UTX) Reports In-Line Q4 EPS; Affirms Outlook

UTC Reports Full Year 2016 Results, Affirms 2017 Outlook

January 25, 2017 6:55 AM EST

FARMINGTON, Conn., Jan. 25, 2017 /PRNewswire/ -- United Technologies Corp. (NYSE: UTX) today reported fourth quarter and full year 2016 results.  All results in this release reflect continuing operations unless otherwise noted.

"In 2016, UTC delivered solid financial results with adjusted earnings just above the top end of our expectations," said UTC Chairman and Chief Executive Officer Gregory Hayes. "UTC also realized significant operational achievements. Our aerospace businesses supported the entry into service of the A320neo and CSeries programs, our Climate, Controls & Security business introduced over 100 new products to enhance future growth,... More