United Technologies (UTX) Tops Q3 EPS by 18c, Raises FY Guidance

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Go back to United Technologies (UTX) Tops Q3 EPS by 18c, Raises FY Guidance

United Technologies Reports Third Quarter 2019 Results; Raises 2019 Adjusted EPS And Free Cash Flow Outlook

October 22, 2019 6:55 AM EDT

FARMINGTON, Conn., Oct. 22, 2019 /PRNewswire/ -- United Technologies Corp. (NYSE: UTX) reported third quarter 2019 results and increased its full year adjusted EPS and free cash flow outlook for 2019.

"United Technologies delivered another strong quarter with 5 percent organic sales growth, as well as margin expansion across all four businesses," said UTC Chairman and Chief Executive Officer Gregory Hayes. "Our strong performance through the first three quarters gives us confidence in the improved adjusted EPS range of $8.05 to $8.15 and free cash flow range of $5.3 to $5.7 billion for the year.* Continued strength at Collins... More