121.85 +0.40 (0.33%)
After hours: 5:45PM EDT
|Bid||121.58 x 300|
|Ask||122.40 x 300|
|Day's Range||119.37 - 123.00|
|52 Week Range||109.10 - 139.24|
|PE Ratio (TTM)||21.31|
|Earnings Date||Apr 24, 2018 - Apr 30, 2018|
|Forward Dividend & Yield||2.80 (2.29%)|
|1y Target Est||147.63|
Want to learn how to read charts and make money off of them? Then watch the Chart Professor, our very own Bruce Kamich, show you how. Here he dissects UTX. Watch!
General Electric (GE) released its 1Q18 earnings on April 20. On an adjusted basis, the company’s earnings per share (or EPS) came in at $0.16, up 14.0% YoY (year-over-year) from the restated $0.14 in 1Q17. GE surpassed Thomson Reuters–surveyed analysts’ adjusted EPS target of $0.11 by a whopping 41.3%.
Stocks were hit hard on Tuesday, with the Dow Jones Industrial Average falling 1.7% of 425 points for its fifth straight loss as investors were spooked by cautious post-earnings comments from management teams as well as the fact that 10-year Treasury yield hit the 3% threshold for the first time since December 2013.
Wall Street dropped sharply on Tuesday as warnings by bellwether companies of higher costs reverberated as the benchmark U.S. 10-year Treasury yield pierced the 3 percent level for the first time in four years. Other companies, including Lockheed and 3M, also gave disappointing updates, adding to the sting of rising Treasury yields. This market rally for the last nine years has been driven by low interest rates, accommodating monetary policy and excess liquidity," said Oliver Pursche, chief market strategist for Bruderman Asset Management in New York.
United Technologies reported better-than-expected Q1 earnings and raised full-year guidance, after GE and Honeywell handily beat estimates on aviation gains.
Shares of the maker of Otis Elevators, Pratt & Whitney aircraft engines and Carrier air conditioners rose as much as 3 percent to $125.50. Chief Financial Officer Akhil Johri told Reuters that United Tech expects to meet its full-year target for engine deliveries to Airbus SE and is optimistic that its suppliers can keep pace with rising engine production.
United Technologies Corporation’s (NYSE:UTX) announced its latest earnings update in December 2017, which suggested that the business endured a significant headwind with earnings falling by -10.13%. Today I want toRead More...
United Technologies Corp reported quarterly results that topped analysts' estimates on Tuesday and raised its full-year forecasts, citing higher demand for spare parts and services from airlines dealing with booming passenger travel. Shares of the maker of Otis Elevators, Pratt & Whitney aircraft engines and Carrier air conditioners rose as much as 3 percent to $125.50. Chief Financial Officer Akhil Johri told Reuters that United Tech expects to meet its full-year target for engine deliveries to Airbus SE and is optimistic that its suppliers can keep pace with rising engine production.
Airbus will not move its existing activities out of Britain when the country leaves the European Union but could forgo basing new projects there, its chief executive said on Tuesday. Airbus employs 15,000 people in Britain where it makes all the wings for its commercial aircraft.
BERLIN (Reuters) - Airbus (AIR.PA) will not move its existing activities out of Britain when the country leaves the European Union but could forgo basing new projects there, its chief executive said on ...
On a per-share basis, the Farmington, Connecticut-based company said it had net income of $1.62. Earnings, adjusted for non-recurring costs, came to $1.77 per share. The results exceeded Wall Street expectations. ...
Increase in demand by the commercial aviation industry and spending by the defense industry drove United Technologies' (UTX) Q1 earnings.
Among the companies with shares expected to trade actively in Tuesday's session are Alphabet, Amazon.com, Caterpillar, Coca-Cola, Travelers and Lockheed Martin.
Each day, the Benzinga Pro news team highlights several stocks with Trading Idea potential. Be the first to see them by becoming a Benzinga Pro user ! EVINE Live Inc (NASDAQ: EVLV ) stock was trading higher ...
The Dow Jones Industrial Average was set to open roughly 150 points higher on Tuesday after Caterpillar and United Technologies led a slew of strong earnings reports from members of the blue-chip index. Shares of Caterpillar jumped 3.6 percent in premarket trading, while Pratt & Whitney aircraft engines-maker United Tech rose 2 percent after the companies topped quarterly profit estimates and raised their full-year earnings forecasts.
Analysts expect Boeing (BA) to post adjusted EPS (earnings per share) of $2.56 in 1Q18, representing 27.2% growth YoY (year-over-year). In fiscal 2018, they expect the company to report adjusted EPS of $14.10, reflecting 37% growth from its adjusted EPS of $10.30 in 2017. Boeing has guided for adjusted EPS of $13.80–$14.
Nasdaq 100 futures led a premarket advance Tuesday as Caterpillar and Verizon surged on earnings and the market's uptrend faced two key hurdles.
NEW YORK (Reuters) - United Technologies Corp expects to meet its full-year target for engine deliveries to Airbus SE and is optimistic that suppliers can keep up with rising production, the company's ...