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