|Bid||153.43 x 800|
|Ask||153.48 x 800|
|Day's Range||151.48 - 153.94|
|52 Week Range||117.25 - 155.53|
|Beta (5Y Monthly)||1.22|
|PE Ratio (TTM)||25.92|
|Earnings Date||Apr 20, 2020 - Apr 26, 2020|
|Forward Dividend & Yield||2.94 (1.92%)|
|Ex-Dividend Date||Nov 13, 2019|
|1y Target Est||166.13|
General Electric earnings, revenue and cash flow were better than expected in Q4. GE stock jumped, signaling a move back into a buy zone
Caterpillar stock is down 16% in the past two years amid a global economic slowdown. The question for investors is will the construction and mining equipment giant's upcoming Q4 financial results spark a run for CAT stock?
The aircraft engine and elevator maker is managing to overcome negative global news, though the strength of its uptrend could be fading.
Boeing’s problems, the Lunar New Year, and the coronavirus are creating a unique situation for the industrial sector, making it hard to predict how 2020 will go for these companies.
Dow Jones stocks: United Technologies earnings topped views amid Boeing 737 Max headwinds and ahead of its planned Raytheon merger. 3M earnings missed.
United Technologies' (UTX) fourth-quarter earnings and revenues beat estimates on the back of solid performance across most of its segments.
The major stock indexes rebounded early Tuesday. AMD, Apple and Starbucks will report earnings after the close.
DOW UPDATE Shares of Apple Inc. and Microsoft are trading higher Tuesday morning, propelling the Dow Jones Industrial Average into positive territory. The Dow (DJIA) was most recently trading 81 points, or 0.
This morning's earnings include a few big names from disparate sectors: 3M Co (NYSE: MMM ), Pfizer Inc. (NYSE: PFE ), Pulte Group Inc. (NYSE: PHM ), Lockheed Martin Corporation (NYSE: LMT ), and United ...
United Technologies Corp Chief Financial Officer Neil Mitchill said he expects 2020 operating profit at the U.S. aircraft parts maker's Collins Aerospace unit, its biggest, to be hurt largely due to the grounding of Boeing Co's 737 MAX aircraft. UTC forecast adjusted operating profit at the unit, which makes products such as avionics, cabin seating and lighting, to be hit by about $550 million to $600 million. About $225 million of the impact to its full-year operating profit is due to a divestiture and lower sales related to a surveillance technology that facilitates tracking of aircraft position during flight, Mitchill told Reuters.
Book profits on UTX on strength to its semiannual pivot at $153.50 up to its weekly risky level at $154.29. The downside risk is to its first-quarter value level at $137.38.
United Technologies beat Wall Street estimates. The outlook for aerospace remains strong, but the 737 MAX remains a headwind for all aerospace suppliers.
United Technologies (UTX) delivered earnings and revenue surprises of 5.43% and 0.66%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
United Technologies (NYSE: UTX) reported fourth-quarter earnings of $1.94 per share on Tuesday, which beat the analyst consensus estimate of $1.84 by 5.43%. The company reported quarterly sales of $19.6 billion, which beat the analyst consensus estimate of $19.37 billion by 1.19%. "Operational separation activities for Otis and Carrier are substantially complete, and we are executing the final steps required to spin both businesses as independent companies early in the second quarter," said UTC Chairman and Chief Executive Officer Gregory Hayes.
Shares of the three Dow Jones Industrial Average components that reported fourth-quarter earnings early Tuesday are falling in premarket trading, and shaving a combined 49 points off the Dow's price. Dow futures rose 135 points. 3M Co.'s stock dropped 2.6% ahead of the open after the company missed profit expectations, with the implied price decline acting as a 30-point drag on the Dow. United Technologies Corp.'s stock lost 1.6% despite topping profit and sales expectations. The stock's price decline would lower the Dow by about 16 points. Pfizer Inc. shares shed 1.2% to cut about 3 points off the Dow, after the drugmaker missed profit expectations.
United Technologies will have a busy 2020 with spinoff and merger transactions to complete. The company reports its fourth-quarter earnings on Tuesday.
United Technologies Corp. said Tuesday it had net income of $1.143 billion, or $1.32 a share, in the fourth quarter, up from $686 millin, or 83 cents a share, in the year-earlier period. Adjusted per-share earnings came to $1.94, ahead of the $1.84 FactSet consensus. Sales rose 8% to $19.6 billion, also ahead of the $19.4 billion FactSet consensus. "Operational separation activities for Otis and Carrier are substantially complete, and we are executing the final steps required to spin both businesses as independent companies early in the second quarter," Chief Executive Gregory Hayes said in a statement. The company is expecting the merger of its aerospace business with Raytheon to create Raytheon Technologies to close at the same time as the portfolio separation. The company is now expecting sales at Pratt & Whtieny to rise in the mid single digits in 2020, while sales at Collins Aerospace fall in the low single digits. Shares were slightly lower premarket, but have gained 31% in the last 12 months, while the Dow Jones Industrial Average , which counts the company as a member, has gained 16%.
Aerospace and equipment maker United Technologies reports fourth-quarter and full-year earnings that beat analysts' forecasts, though warns of headwinds from Boeing's 737 MAX grounding.
Investing.com - United Technologies announced fourth quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.
United Technologies expects adjusted operating profit at its aerospace supply business to fall between 6 and 7 per cent this year thanks to the troubled 737 Max, the merger with Raytheon and new US regulation. Collins Aerospace Systems’s adjusted operating profit will drop between $275m and $325m in 2020, Connecticut-based UTC said on Tuesday. UTC is a major supplier for the Max, and Boeing suspended production of the plane this month following a 10-month grounding after two fatal crashes.
Amid an already red-hot M&A; environment, companies are evaluating which units are core to their overall businesses.