United Technologies Raises Profit Outlook - News Summed Up

United Technologies Raises Profit Outlook


United Technologies Corp. raised its profit outlook for the year as it recorded higher quarterly earnings and revenue driven largely by its 2018 acquisition of airplane-parts maker Rockwell Collins Inc.For the full year, the Farmington, Conn., aerospace company now expects adjusted per-share earnings to be between $8.05 and $8.15, up from its previous outlook of $7.90 to $8.05. United Technologies on Tuesday narrowed its sales outlook to between $76 billion and $76.5 billion, compared with its prior guidance of $75.5 billion...


Source: Wall Street Journal October 22, 2019 11:27 UTC



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