Investing.com - United Technologies announced fourth quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.
The company reported earnings per share of $1.94 on revenue of $19.55B. Analysts polled by Investing.com expected EPS of $1.84 on revenue of $19.4B. That compared to EPS of $1.95 on revenue of $18.04B in the same quarter a year earlier. United Technologies had reported EPS of $2.21 on revenue of $19.5B in the previous quarter.
Analysts are forecasting EPS of $1.94 and revenue of $19.02B in the upcoming quarter.
United Technologies share's are up 0.85% so far this year , still down 2.89% from its 52 week high of $155.53 set on January 17.
United Technologies follows other major Capital Goods sector earnings this month
On January 22, ASML ADR reported fourth quarter EPS of $2.99 on revenue of $4.47B, was in comparison with a forecasts for EPS of $3.01 on revenue of $4.35B.
3M earnings beat analysts' expectations on Tuesday, with fourth quarter EPS of $2.15 on revenue of $8.11B. Investing.com analysts expected EPS of $2.11 on revenue of $8.11B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar