United Technologies: raises targets for 2018
(CercleFinance.com) - Reporting better-than-expected Q1 results, United Technologies has increased its FY targets, now looking for EPS of between 6.
95 dollars and 7.15 dollars, with revenues of between 63 billion and 64.5 billion dollars, against respectively 6.85-7.10 dollars and 62.5-64 billion dollars previously.
In the first three months of 2018, the manufacturer of Pratt & Whitney aircraft engines and Otis lifts posted adjusted EPS that was up 20% at 1.77 dollar, 25 cents above the consensus.
The industrial conglomerate's revenues rose by 10% to 15.2 billion dollars, including organic growth of 6%, the highest recorded by the group since 2011, with positive contributions from each major division.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
95 dollars and 7.15 dollars, with revenues of between 63 billion and 64.5 billion dollars, against respectively 6.85-7.10 dollars and 62.5-64 billion dollars previously.
In the first three months of 2018, the manufacturer of Pratt & Whitney aircraft engines and Otis lifts posted adjusted EPS that was up 20% at 1.77 dollar, 25 cents above the consensus.
The industrial conglomerate's revenues rose by 10% to 15.2 billion dollars, including organic growth of 6%, the highest recorded by the group since 2011, with positive contributions from each major division.
Copyright (c) 2018 CercleFinance.com. All rights reserved.