Apr 25, 2013: A quick snapshot of United Technologies Corp. (UTX) 's top and bottom line results.

Q1 2013 Quarterly Results:

  • Highlights: Earnings and Net Income up; Operating profit up 14%; EPS up 6%; Otis New Orders up 24%; 2013 EPS guidance of $5.85 – $6.16 reaffirmed.
  • Sales: United Technologies Corp. (UTX) reported Sales for Q1-2013 of $14.4B, up 16% from a year ago. Organic sales declined 2% largely on softer European and commercial markets.  Average analysts' expectations were for revenues of $14.94B.  

(See Also: Why Netflix Stock is Rated a Strong Hold. Forward Looking Stock Analysis)

  • Net Income: UTX reported Net Income of $1.27B, up 7% from last year's $1.18B.   
  • EPS: Q1 2013 EPS came in at $1.39/share, up 6% from the $1.33/share from last year. Analysts expectation was $1.30.

UTX
UTX's 1 Yr Stock Chart

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(By: Monty R. – MarketConsensus News Contributor)