United Technologies (UTX) Tops Q2 EPS by 12c, Updates FY Guidance

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United Technologies Reports Second Quarter 2018 Results Raises 2018 Outlook

July 24, 2018 6:55 AM EDT

FARMINGTON, Conn., July 24, 2018 /PRNewswire/ -- United Technologies Corp. (NYSE: UTX) today reported second quarter 2018 results and increased its full year sales and adjusted EPS outlook.

"Our second quarter results demonstrated continued positive momentum for United Technologies," said UTC Chairman and Chief Executive Officer Gregory Hayes. "This was our fourth consecutive quarter of delivering organic sales growth of 5 percent or better, which is a result of our investments in innovation across the portfolio. Earnings and free cash flow were also strong in the quarter."

"Based on our solid... More