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United Technologies: Q4 EPS beats estimates

(CercleFinance.com) - United Technologies has reported Q4 2019 adjusted EPS that is down 1% at 1.
94 dollars, ten cents above analysts' estimates, with revenue of 19.6 billion dollars, up 8 % (+1% in organic terms).

Thus, the company, which, amongst other things manufactures Pratt & Whitney aircraft engines and Otis elevators reported adjusted FY 2019 EPS of 8.26 dollars, with organic sales growth of 5%, against respective target ranges of 8.05 dollars to 8.15 dollars and 4% to 5%.

The industrial group, which is in the middle of merging with Raytheon and splitting from its Otis and Carrier businesses, now for 2020 only provides forecasts for its remaining Pratt & Whitney and Collins Aerospace Systems businesses.


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