United Technologies: beats consensus in Q4
(CercleFinance.com) - United Technologies has announced Q4 2017 EPS of 50 cents, compared to 1.
26 dollar a year ago, a fall that stemmed from costs relating to the US tax reform and restructuring.
Adjusted for extraordinary items, EPS of the manufacturer of Pratt & Whitney aircraft engines and Otis lifts rose by 3% to 1.60 dollar, four cents above the consensus, for revenues that were up 7% at 15.7 billion dollars.
With 2017 adjusted EPS that is up 1% at 6.65 dollars, which exceeds the group's latest target range of 6.58 dollars to 6.63 dollars, United Technologies expects between 6.85 dollars and 7.10 dollars in 2018, for revenues of between 62.5 billion and 64 billion dollars.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
26 dollar a year ago, a fall that stemmed from costs relating to the US tax reform and restructuring.
Adjusted for extraordinary items, EPS of the manufacturer of Pratt & Whitney aircraft engines and Otis lifts rose by 3% to 1.60 dollar, four cents above the consensus, for revenues that were up 7% at 15.7 billion dollars.
With 2017 adjusted EPS that is up 1% at 6.65 dollars, which exceeds the group's latest target range of 6.58 dollars to 6.63 dollars, United Technologies expects between 6.85 dollars and 7.10 dollars in 2018, for revenues of between 62.5 billion and 64 billion dollars.
Copyright (c) 2018 CercleFinance.com. All rights reserved.