United Tech reported Q4 FY 2016 earnings of $1.56 per share (versus $1.53 in Q4 FY 2015), coinciding with analysts’ consensus estimate.
The company’s quarterly revenues amounted to $14.659 bln (+2.5% y/y), being generally in-line with analysts’ consensus estimate of $14.710 bln.
The company also reaffirmed guidance for FY 2017, projecting EPS of $6.30-6.60 (versus analysts’ consensus estimate of $6.56) and revenues of +1-3% y/y to $57.5-59.0 bln (versus analysts’ consensus estimate of $58.8 bln).
UTX closed Tuesday’s trading session at $111.61 (+1.15%).
The post Company News: United Tech (UTX) posts Q4 financials in line with analysts’ estimates appeared first on forex-analytics.press.