United Technologies (UTX) Tops Q4 EPS by 42c, Offers Outlook

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United Technologies Reports 2018 Results, Announces 2019 Outlook

January 23, 2019 6:55 AM EST

FARMINGTON, Conn., Jan. 23, 2019 /PRNewswire/ -- United Technologies Corp. (NYSE: UTX) reported fourth quarter and full year 2018 results above expectations and announced an outlook for continued sales, earnings and free cash flow growth in 2019. 

"2018 was a transformational year for United Technologies," said UTC Chairman and Chief Executive Officer Gregory Hayes. "We announced our intention to separate into three global, industry-leading companies, and closed the Rockwell Collins acquisition in November. We also delivered strong fourth quarter and full year 2018 results, including the best year of organic sales growth in over a decade,... More