United Technologies Reports Third Quarter 2018 Results; Raises 2018 Outlook

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United Technologies (UTX) PT Lowered to $148 at RBC Capital

October 24, 2018 7:24 AM EDT

RBC Capital analyst Deane Dray lowered the price target on United Technologies (NYSE: UTX) to $148.00 (from $161.00) while maintaining an Outperform rating on solid 'beat and raise'.

Dray notes a stock-moving positive was managements reassuring commentary that COL could close in 1-2 weeks,... More

United Technologies (UTX) Tops Q3 EPS by 11c, Raises Guidance

October 23, 2018 6:56 AM EDT

United Technologies (NYSE: UTX) reported Q3 EPS of $1.93, $0.11 better than the analyst estimate of $1.82. Revenue for the quarter came in at $16.5 billion versus the consensus estimate of $16.16 billion.

GUIDANCE:

United Technologies sees FY2018 EPS of $7.20-$7.30, versus the consensus of $7.23.... More