United Technologies (UTX) Tops Q4 EPS by 4c

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United Technologies Reports 2017 Results Above Company Expectations, Announces 2018 Outlook

January 24, 2018 6:00 AM EST

FARMINGTON, Conn., Jan. 24, 2018 /PRNewswire/ -- United Technologies Corp. (NYSE: UTX) reported fourth quarter and full year 2017 results above expectations and expects continued growth in 2018. In a conference call with investors and analysts today, Chairman and Chief Executive Officer Gregory Hayes will discuss the 2017 results and the company's expectations for 2018.

"UTC had a strong finish to 2017," said Hayes.  "Sales, adjusted EPS and free cash flow were all above the top end of our expectations. Our focus on innovation, execution and cost reduction led to our best year of organic sales growth... More