United Technologies (UTX) Tops Q1 EPS by 20c, Updates Outlook
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United Technologies Reports First Quarter 2019 Results; Raises 2019 Adjusted EPS Outlook
April 23, 2019 6:55 AM EDTFARMINGTON, Conn., April 23, 2019 /PRNewswire/ --Â United Technologies Corp. (NYSE: UTX) reported first quarter 2019 results and increased its full year adjusted EPS outlook for 2019.
"United Technologies is off to a strong start in 2019," said UTC Chairman and Chief Executive Officer Gregory Hayes. "Sales were up 20 percent with all four businesses contributing to the robust 8 percent organic growth in the quarter. Earnings and cash flow exceeded our expectations for the quarter reinforcing our confidence in the full year financial outlook, including our improved adjusted EPS range of $7.80 to $8.00."
Hayes continued, "We... More
